Determining the sub game-perfect equilibrium

Assignment Help Computer Engineering

Reference no: EM1323132

Three gangsters armed along with the pistols, Al, Bob, and Curly, are in the room with the suitcase of money. Al, Bob, and Curly have 20%, 40% and 70% chances of the killing their target, respectively. Each has one bullet. First Al shoots targeting one of the other two gangsters. After Al, if alive, Bob shoots, targeting one of the surviving gangsters. Finally, if alive, Curly shoots, targeting again one of the surviving gangsters. The survivors split the money equally. Determine a sub game-perfect equilibrium.

Reference no: EM1323132

Questions Cloud

Generating ten random permutations : Write down a program which generates ten random permutations of numbers 1 to 10. To produce a random permutation, you require filling a vector along with the numbers 1 to 10 so that no two entries of vector have the same contents.

Marginal social cost higher than the marginal private cost : An industry which generates detrimental externalities will have a marginal social cost higher than the marginal private cost to the industry.

Consideration for second agreement : Arthur contracts to sell Ben his house for $100,000. Later the parties modify the contract by changing the price to $110,000. All other terms remain the same.

Assume your town decides to levy a tax to raise funds : Assume your town decides to levy a tax to raise funds for construction, maintenance also other expenses for local schools. Should the tax be proportional, progressive or regressive.

Determining the sub game-perfect equilibrium : First Al shoots targeting one of the other two gangsters. After Al, if alive, Bob shoots, targeting one of the surviving gangsters.

Determining expected value average of average : If many samples of size 1000 persons are chosen, determine the expected value (mean X-bar) or average of average IQ's for these samples?

Case study of acme airlines : Allie is a licensed pilot who is nearsighted. She has 20/20 (perfect) vision when she wears her contact lenses. Without her contact lenses, she cannot read or drive, but with her contact lenses

Government bodies which conclude the national fiscal policy : Describe the roles of government bodies which conclude the national fiscal policy

Determining the smallest values in dictionary : Explain an efficient method for determining the k smallest values in the dictionary which are greater than low. Your method must take much less than O (n) time whenever k is much less than n. Analyze the time for your method.

User Account

All Pages