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

Bayes rule, Treating probability as a logic, Thomas Bayes defined the follo...

Treating probability as a logic, Thomas Bayes defined the following: Pr(X|Y)=Pr(Y|X)Pr(X)/Pr(Y) For example, probability that the weather was bad given that our friends playe

Reverse auction, While ancient auctions involve one seller and plenty of co...

While ancient auctions involve one seller and plenty of consumers, a reverse auction typically involves several sellers and one buyer. for instance, procurement auctions are used t

Game, The interaction among rational, mutually aware players, where the cho...

The interaction among rational, mutually aware players, where the choices of some players impacts the payoffs of others. A game is described by its players, every player's methods,

State the profit maximization problem of firm, 1. Consider two firms produc...

1. Consider two firms producing an identical product in a market where the demand is described by p = 1; 200 2Y. The corresponding cost functions are c 1 (y 1 ) = y 2 1 and c 2

Dynamic game, Normal 0 false false false EN-US X-NONE...

Normal 0 false false false EN-US X-NONE X-NONE

Formulate the situation as strategic game - nash equilibrium, Two individua...

Two individuals use a common resource (a river or a forest, for example) to produce output. The more the resource is used, the less output any given individual can produce. Denote

Airline ticket, why might an airline offer the following deal: you pay 400 ...

why might an airline offer the following deal: you pay 400 for a round trip ticket from here to orlando, but you only pay 300 per ticket if you stayy in orlando includes a saturday

Prisoner''s dilemma , A game frequently displayed in tv police dramas. 2 pa...

A game frequently displayed in tv police dramas. 2 partners in crime are separated into separate rooms at the police station and given an identical deal. If one implicates the oppo

Simultaneous move games with mixed strategies, This chapter introduces mixe...

This chapter introduces mixed strategies and the methods used to solve for mixed strategy equilibria. Students are likely to accept the idea of randomization more readily if they t

Static game, A static game is one during which all players build choices (o...

A static game is one during which all players build choices (or choose a strategy) simultaneously, while not information of the methods that are being chosen by different players.

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