Economic and Game Theory
|
"Inside every small problem is a large problem struggling to get out." | ||||||
Topics | Thread and Full Text View
Pass Dont Pass Pass 0 / 0 2 / 1 Dont Pass 1 / 2 0 / 0 If 1 passes and 2 not, 1 gets through this turn and 2 gets through for sure next turn and vice versa. If both choose same strategy they have no benefit since they have to continou to play. So its has an equilibrium in mixed strategies and 2 Nash-Equilibria [Manage messages]
|