Learning Goal: I’m working on a game theory discussion question and need an explanation and answer to help me learn.Answer questions related to “Basic Oligopoly and Game Theory” What is the major difference between oligopoly and other market structures?

Please find something in your life where you can apply the game theory concept to help explain.

What is a trigger strategy and can you find an example for that?

(minimum 250 words each question)

Requirements: 3 paragraphs

# Category: Game Theory

Learning Goal: I’m working on a game theory discussion question and need an explanation and answer to help me learn.This is the discussion board for Module 2: Rational Behavior. Participants must create a thread in order to view other threads in this forum.Watch the Golden Balls video from the slides (slide 6/30). Explain what would you have done in that situation. What do you think Nick’s reasoning was? (30 points)

At the end of the set of slides regarding the Beauty Contest, there is an open question that says: Why did the strategy of choosing 1 not win in the beauty contest? Explain. (30 points)

Comment on one of these two topics from the thread of at least 1 of your peers. (40 points)

Requirements: easy to understand

Learning Goal: I’m working on a game theory discussion question and need an explanation and answer to help me learn.Answer questions related to “Basic Oligopoly and Game Theory”What is the major difference between oligopoly and other market structures?

Please find something in your life where you can apply the game theory concept to help explain.

What is a trigger strategy and can you find an example for that?

(minimum 250 words each question Times New Roman Size 12 Font Double-Spaced APA Format)Requirements: 3 paragraphs, minimum 250 words each question Times New Roman Size 12 Font Double-Spaced APA Format Excluding the Title and Reference Page | .doc filePlease be sure to carefully follow the instructionsNo plagiarism & No Course Hero & No Chegg. My professor will be submitting the paper to TurnitinInclude at least one in-text citation for each paragraphPlease be sure to use sources that are scholarly or credible

Requirements: 3 paragraphs, minimum 250 words each question Times New Roman Size 12 Font Double-Spaced APA Format Excluding the Title and Reference Page | .doc file

Learning Goal: I’m working on a game theory multi-part question and need an explanation and answer to help me learn.BID ONLY IF YOU CAN DO. I DONT WANT JOKERSGTMDM 2021â€“2022Problem sheet 4Game Theory questions:1. Consider the following three player parametric game in normal form:Strategy triple Payoff(1;1;1) (1;2;3)(1;1;2) (2;1;3)(1;2;1) (1;3;2)(1;2;2) (3;2;1)(2;1;1) (2;3;1)(2;1;2) (3;1;2)(2;2;1) (1;2;3)(2;2;2) (x; y; z)where x; y; z are arbitrary real numbers satisfying x â‰¥ 1, y â‰¥ 1, z â‰¥ 1 and x + y + z â‰¤ 5. For thisgame:(i) Write out the characteristic function of this game, giving the details of your computations. Notethat some of the coalition values may appear as functions of (some or all of) the parameters.[15](ii) Find out if for some values of the parameters x; y; z (where x â‰¥ 1, y â‰¥ 1, z â‰¥ 1 and x+y+z â‰¤ 5)the game in CFF found in (i) is inessential, constant-sum or has a non-empty core. Give thedetails of your arguments. [5](iii) Using the strategic equivalence find the (0;1)-reduced form of the characteristic function writtenout in (i). Note that some of the coalition values may appear as functions of (some or all of)the parameters. [5](iv) Assuming x = y = z = 1 compute the Shapley value of the game in characteristic functionform, which you wrote out in (i). Give the details of your computation. [5]2. Suppose that we have a set G of gin merchants and a set W of tonic water merchants. For i 2 G,the ith gin merchant has Î±i litres of gin, and for j 2 W , the jth tonic water merchant has Î²j litresof tonic water. Assume that Î±i and Î²j are real positive numbers for each i and j (also mind that, ingeneral, Î±iâ€™s are different for different i and Î²jâ€™s are different for different j).The merchants can form any coalition (i.e., any subset of G [ W ) and any coalition has to use 2volume units of tonic water and 1 volume unit of gin to produce 3 volume units of gin and toniccocktail (in other words, the ratio of tonic water to gin has to be 2 : 1).Suppose S âŠ† G [ W is a coalition of merchants. Let the value of S be defined as the (maximal)volume of gin and tonic cocktail which this coalition S can produce. Write out the formula for thevalue of S. Does this formula define a game in characteristic function form? If so then check if thisgame is essential and if it is constant-sum. Prove all your answers. [20]Hint: You may use the following algebraic property: a + min(b; c) = min(a + b; a + c) for any realnumbers a; b; c.Multicriteria Decision Making questions:For all of the below questions you need to justify your answers and show your working.13. Consider the conesK = (x1; x2; x3)> 2 R3 : x3 â‰¥ q2x2 1 + 3×2 2 ;M = ((x1; x2; x3)> 2 R3 : x3 â‰¥ rx 22 1 + x 32 2) :Prove that M = Kâˆ—.Hint: Adapt the proof from the lecture notes for finding the dual of the Lorentz cone. Alternatively, prove the formula (AL)âˆ— = (A>)-1Lâˆ—, for any cone L âŠ† R3 and any A 2 R3Ã—3 nonsingularmatrix, where AL = fAx 2 R3 : x 2 Lg, and apply it to the 3-dimensional Lorentz cone with anappropriately chosen matrix A. [10]4. LetM1 = f(x1; x2)> 2 R2 : 2 â‰¤ x1 â‰¤ 8; 2 â‰¤ x2 â‰¤ 8g;M2 = f(x1; x2)> 2 R2 : 4 â‰¤ x1 â‰¤ 6; 0 â‰¤ x2 â‰¤ 10g;M3 = f(x1; x2)> 2 R2 : 0 â‰¤ x1 â‰¤ 10; 4 â‰¤ x2 â‰¤ 6g;M = M1 [ M2 [ M3 and K = cone (1; 2)>; (1; 3)> âŠ† R2.(a) Determine the set E(M; K) of efficient points of M with respect to K. [20](b) Determine the set P(M; K) of properly efficient points of M with respect to K. [20]2

Hey, I’ve put the question in the attachment, please answer according to the topic. Also please don’t give me answers from Chegg, Course hero or anything that can be searched on Google, thank you!

Learning Goal: I’m working on a game theory multi-part question and need an explanation and answer to help me learn.

Learning Goal: I’m working on a game theory question and need an explanation and answer to help me learn.

2 multiple choice questions about i know something you don’t know , games with private information.

Just need answer

Learning Goal: I’m working on a game theory project and need an explanation and answer to help me learn.

Instructions:

Utilizing the file attached above, which contains the matrix below, devise a strategic game for a real-life situation between two players that leads to a prisonerâ€™s dilemma because of positional externalities. Make sure that you label who the players are, devise and label the two strategies, and type-in the accompanying payoffs in the matrix that have been appropriately underlined to outline each player’s best responses. You need to then write an essay describing the real life situation and the details of your game and why the devised payoffs are appropriate. In addition, you need to detail each player’s best responses in the game, given what the opposing player is doing, and you need to describe how the strategies lead to a prisoner’s dilemma because of inherent positional externalities embedded within the game. The essay needs to be a minimum of three quarters (3/4) of a page (excluding the matrix). The example that you create doesn’t have to necessarily pertain to purely business or economic matters. You can create and come up with any situation that you choose. *******However, please note that you can not use an example where prisoner’s or other individuals are deciding to either confess or keep quiet in the game. I want you to devise an original game. ********

Submission Instructions:

Utilize the file attached above, which contains the appropriate matrix, to write and submit your paper. Please double space your text and utilize a size 12 font. Your matrix and accompanying essay need to be submitted as a Word document into Canvas. Points will be awarded based on an appropriate technical description of the game, logical consistency in a game theoretical sense, and whether or not the described game and situation logically leads to a prisoner’s dilemma because of inherent positional externalities.

No plagiarism! must own word!!