Game theory of economics

You are to find an example of an Assurance game. This is not to be a made-up problem, but rather something in politics, a movie or television show, a book, sports, current events, etc…

You are to analyze the game. Describe it. Put it in normal form. Use payoff rankings or devise appropriate relative payoffs to represent the situation. Talk about the implications if it is a repeated game. Talk about strategic moves. Show me your game theory understanding.

find the cost of your paper

This question has been answered.

Get Answer