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

Game playing in class-equilibrium payoffs are (2, Equilibrium payoffs are ...

Equilibrium payoffs are (2, 3, 2). Player A’s equilib- rium strategy is “N and then N if b follows N or N if d follows N” or “Always N.” Player B’s equilibrium strategy is “b if N

Iterated dominant strategy equilibrium, What is the Iterated Dominant Strat...

What is the Iterated Dominant Strategy Equilibrium (IDSE) and associated pay-offs? Type your answer in the following form: (c,B) , (6, 4) if you think the outcome is

Nash Equilibria, Two people are engaged in a joint project. If each person ...

Two people are engaged in a joint project. If each person i puts in the effort xi, the outcome of the project is worth f(x1, x2). Each person’s effort level xi is a number between

Pure coordination game, Scenario Two corporations should simultaneously ...

Scenario Two corporations should simultaneously elect a technology to use for his or her compatible merchandise. If the corporations adopt totally different standards, few sales

Totally mixed strategy, A mixed strategy during which the player assigns st...

A mixed strategy during which the player assigns strictly positive chance to each pure strategy.Morgenstern, Oskar,Coauthor of Theory of Games and Economic Behavior with John von N

Maximization problem, Two individuals (i ∈ {1, 2}) work independently on a ...

Two individuals (i ∈ {1, 2}) work independently on a joint project. They each independently decide how much e ort ei they put. E ort choice has to be any real number between 0 and

Determine the linear regression function of y on x, QUESTION ONE. (a) Th...

QUESTION ONE. (a) The probability that, a bomber hits a target on a bombing mission is 0.70 Three bombers are sent to bomb a particular target. (i)  What is the probabilit

Kakutani, Twentieth century mathematician who expanded on earlier fastened ...

Twentieth century mathematician who expanded on earlier fastened purpose theorems. a hard and fast purpose theorem defines the conditions on a perform, f(x), beneath that there exi

Reserve worth , A reserve worth is that the minimum acceptable bid in an au...

A reserve worth is that the minimum acceptable bid in an auction. If no bidder submits a bid higher than the reserve worth, the auctioneer keeps the item offered for sale. Alternat

Three words, if the first three words are "the boy''s down" what are the la...

if the first three words are "the boy''s down" what are the last three words?

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