Access study documents, get answers to your study questions, and connect with real tutors for ISE 358 : GAME THEORY at Lehigh University. The first is cooperative game theory, which assumes that the players can communicate, form coalitions and sign binding agreements. b. state a hypothesis in a form that can be tested c. derive a hypothesis from theory d. All of the above e. None of the above Answer: d From: Textbook, p. 7-8 460 511.1 306.7 306.7 460 255.6 817.8 562.2 511.1 511.1 460 421.7 408.9 332.2 536.7 /Subtype/Type1 16 0 obj 500 500 500 500 500 500 500 500 500 500 500 277.8 277.8 277.8 777.8 472.2 472.2 777.8 /Subtype/Type1 /Filter[/FlateDecode] U@���L5��Z��^�/���`&y\��G;5A�Ybx$B�C����xF? 593.7 500 562.5 1125 562.5 562.5 562.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1. Online quiz: finding Nash equilibria. The syllabus, lecture notes, slides, exams and problem sets are available to download as PDF files. 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It includes supplementary notes on rationaliazability, partnership games and forward induction. endobj /Subtype/Type1 Consider the following game. >> >> ECONOMICS 3014: GAME THEORY Answer any THREE questions. /Type/Font /Name/F2 Answer the question(s) below to see how well you understand the topics covered in the previous section. /FontDescriptor 15 0 R /BaseFont/KMYXQA+CMBX10 Mike Shor's lecture notes for a course in Game Theory taught at the University of Connecticut 2016 . 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Verifying that such assessments are both sequentially rational and consistent is standard. 743.3 743.3 613.3 306.7 514.4 306.7 511.1 306.7 306.7 511.1 460 460 511.1 460 306.7 Do not get bogged down on the hard parts: move on! /LastChar 196 32 0 obj /FontDescriptor 18 0 R 4. /LastChar 196 In game theory, the outcome or consequence of a strategy is referred to as the. You can write on this list of questions, but credit will be awarded only for answers written on answer sheets. /Type/Font Multiple choice questions (1 pt each) Choose the best alternative; only one answer is cor-rect. 23 0 obj Game Theory Through Examples, Erich Prisner Geometry From Africa: MathematicalandEducational Explorations,Paulus Gerdes Historical Modules for the Teaching and Learning of Mathematics (CD), edited by Victor Katz and Karen /Encoding 7 0 R /Name/F3 /FontDescriptor 22 0 R Midterm 2 with Solutions (PDF) Sample Exams from Past Years. Errata in First Edition, Prepared on December 13. th. c. reward. 2010 Midterm 1 with Solutions (PDF) 2009 Midterm 1 (PDF) 2008 Midterm 1 (PDF) Solutions (PDF) 2007 Midterm 1 (PDF) Midterm 2. Please notice that there are FORTY-FIVE points available in the last question. /BaseFont/MNQQPG+CMBX12 /Encoding 7 0 R Explain the Nash equilibrium of the game. /Font << /F22 6 0 R /F23 9 0 R /F11 12 0 R /F25 15 0 R /F10 18 0 R /F8 21 0 R /F14 24 0 R /F7 27 0 R >> 500 500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 625 833.3 Game Theory Tutorial 3 Answers Exercise 1 (Duality Theory) Find the dual problem of the following L.P. problem: max x0 = 3x1 +2x2 s.t. >> endobj endobj Youâll have more success on the Self Check if youâve completed the two Readings in this section. A strategy that is best regardless of what rival players do is called. /FirstChar 33 /Type/Encoding 323.4 354.2 600.2 323.4 938.5 631 569.4 631 600.2 446.4 452.6 446.4 631 600.2 815.5 YOU. 27 0 obj It â¦ 298.4 878 600.2 484.7 503.1 446.4 451.2 468.7 361.1 572.5 484.7 715.9 571.5 490.3 5x1 +2x2 â¤ 10 4x1 +6x2 â¤ 24 x1 +x2 â¥ 1 x1 +3x2 = 9 x1 â¥ 0. /Widths[277.8 500 833.3 500 833.3 777.8 277.8 388.9 388.9 500 777.8 277.8 333.3 277.8 600.2 600.2 507.9 569.4 1138.9 569.4 569.4 569.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ECN/ARE 200C (Micro Theory) -- Professor Giacomo Bonanno. /MediaBox [0 0 612 792] 812.5 875 562.5 1018.5 1143.5 875 312.5 562.5] 388.9 1000 1000 416.7 528.6 429.2 432.8 520.5 465.6 489.6 477 576.2 344.5 411.8 520.6 endobj >> 656.2 625 625 937.5 937.5 312.5 343.7 562.5 562.5 562.5 562.5 562.5 849.5 500 574.1 >> endobj 500 555.6 527.8 391.7 394.4 388.9 555.6 527.8 722.2 527.8 527.8 444.4 500 1000 500 /BaseFont/DRVYZB+CMR7 We will study Classical Game Theory, which focuses on questions like, \What is my best decision in a given economic scenario, where a reward function provides a way for me to understand how my decision will impact my result." endobj While most textbooks on game theory focus on theoretical results, this book focuses on providing practical examples in which students can learn to systematically apply theoretical solution concepts to different fields of economics and business. >> A book that is useful for someone having already someo basic knowledge about game theory and what it is useful for, is Foundations of Non-Cooperative Game Theory by Klaus Ritzberger. /Encoding 7 0 R 2 0 obj << Each question is 25 points. /Type/Font 20 0 obj Suppose two firms form a Stackelberg duopoly. 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