Game Theory

The problem is attached.

Jim works as a salesman. His income is variable. In a good year (G), his income is high, so his takes liability with the IRS is 10K. In a bad year (B), his income is low and his tax liability with the...

chapters 7 and 8 are what is needed to solve it (I attached the names of sections)

Show that octahedron has 24 rotational symmetries. Show this by showing the automorphisms from R($O_3$) is obtained by which of the eight faces, and how it sends the face with vertices (1,0,0), (0, 1,...

Two players alternately remove nodes from a connected graph G.

a. Why is it not a Nash equilibrium for everybody to vote?b. Why is it not a Nash equilibrium for nobody to vote?c. Find all the pure strategy Nash equilibria in this game?

Question on M/M/1 queuing see attached image

Firm A is considering taking over firm B. It does not know firm B’s value; it believes that this value, when firm B is controlled by its own management, is at least €0 and at most €150, and assigns eq...

Every participant of a tournament plays with every other participant exactly once. No game is a draw. After the tournament, every player makes a list with the names of all the players, who either (i)...