Two player problem of points set up - game theory, Game Theory

Assignment Help:

a) Show that

259_Two player Problem of Points set up 1.png

A counting proof could be fun(?). But any old proof will do.

(Note that the coefficients (1,2,1) in the above are just the elements of the second row of Pascal's triangle. In general, if you take any row of Pascal's triangle and apply all of the coefficients to adjacent entries of a later row in the table, you will get another entry in Pascal's triangle. You don't have to prove this).

b) Not connected to part a) above (I don't think). Consider the two player Problem of Points set up, where the game consists of n rounds, and where player A has won a rounds and Player B has won b rounds (a, b < n)whentheyareforcedtoquit.Let r =2n - 1 - (a + b). Show that according to the Pascal-Fermat solution, the ratio of A's share of the pot to B's share of the pot should be:

1789_Two player Problem of Points set up 2.png

That is, all you need is the r'th row of Pascal's Triangle to get the split of the pot, as pointed out by Pascal.


Related Discussions:- Two player problem of points set up - game theory

Explain the financial system terms definitions, Explain the financial syste...

Explain the financial system terms definitions. The Financial System Definitions: Wealth It is sum of Current Savings and Accumulated Savings Financial asset P

Trede cycle theory, what are the theories of financial crisis

what are the theories of financial crisis

Sealed bid auction, An auction during which bidders simultaneously submit b...

An auction during which bidders simultaneously submit bids to the auctioneer while not information of the number bid by different participants. Usually, the very best bidder (or lo

Cournot and Stackelberg., Consider two identical firms, for each firm, the ...

Consider two identical firms, for each firm, the total cost of producing q units of output is C(q)=0.5q^2. The price is determined as P(q1,q2)- a-q1-q2. Estimate Cournots outcome;

Strategy, A strategy defines a collection of moves or actions a player can ...

A strategy defines a collection of moves or actions a player can follow in a very given game. a method should be complete, defining an action in each contingency, together with peo

Perfect nash equilibrium, Perfect Nash equilibrium Two students prepar...

Perfect Nash equilibrium Two students prepare their homework assignment together for a course. They both enjoy getting high grade for their assignment, but they dislike workin

Positive add, In a positive add game, the combined payoffs of all players a...

In a positive add game, the combined payoffs of all players aren't identical in each outcome of the sport. This differs from constant add (or zero add) games during which all outco

Trigger strategy, A strategy sometimes applied to repeated prisoner's dilem...

A strategy sometimes applied to repeated prisoner's dilemmas during which a player begins by cooperating however defects to cheating for a predefined amount of your time as a respo

Dominant strategy equilibrium, The following is a payoff matrix for a non-c...

The following is a payoff matrix for a non-cooperative simultaneous move game between 2 players. The payoffs are in the order (Player 1; Player 2): What is the Dominant Strat

Pareto dominated, An outcome of a game is Pareto dominated if another outco...

An outcome of a game is Pareto dominated if another outcome would build a minimum of one player at an advantage while not hurting the other player. That is, another outcome is weak

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd