# Construct the strategic form for the game trees

HW2

September 5 2018

Don't use plagiarized sources. Get Your Custom Essay on
Construct the strategic form for the game trees
Just from \$10/Page

Due back in class by September 11 by 5 pm to Berk Idem.

1. (10 points)From Harrington, exercises at the end of chapter 2, # 15.

1

2,3. (5 points each) From Harrington, exercises at the end of chapter 3, #3,4,

2

4. (30) Construct the strategic form for the game trees in the two attached figures 1 and

2.

3

5. (10) Each extensive form has a unique strategic form, but a given strategic form can

correspond to two or more extensive forms. Give an example to illustrate this.

4

6. (25)) We consider a game with two players, A and B. The players each make one

decision, simultaneously with and independently of the other. Each chooses whether to

exert effort from the set of alternatives {0,1,2}. If the total effort exerted by the two players

is x, each player gets a payoff of (.9)(x).The cost of each unit of effort is borne by the player

exerting it and is equal to 1. Thus the payoff to a player who exerts y units of effort when

the total amount exerted is x is (.9)x− y. Write down the strategic form of this game, including the payoffs.

Is there a strictly dominant strategy?

5

7. (15) Suppose there are two players, a manager and a worker. The manager decides

whether to hire the worker or not. If hired, the worker produces high or low output, which is

observed by the manager, who then has to decide whether to retain the worker or fire him.

Explain if “not hire” is a valid description of a strategy (in the sense of this class) for the

manager.

6

Basic features
• Free title page and bibliography
• Unlimited revisions
• Plagiarism-free guarantee
• Money-back guarantee
On-demand options
• Writer’s samples
• Part-by-part delivery
• Overnight delivery
• Copies of used sources
Paper format
• 275 words per page
• 12 pt Arial/Times New Roman
• Double line spacing
• Any citation style (APA, MLA, Chicago/Turabian, Harvard)

# Our guarantees

We value our customers and so we ensure that what we do is 100% original..
With us you are guaranteed of quality work done by our qualified experts.Your information and everything that you do with us is kept completely confidential.

### Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

### Zero-plagiarism guarantee

The Product ordered is guaranteed to be original. Orders are checked by the most advanced anti-plagiarism software in the market to assure that the Product is 100% original. The Company has a zero tolerance policy for plagiarism.

### Free-revision policy

The Free Revision policy is a courtesy service that the Company provides to help ensure Customer’s total satisfaction with the completed Order. To receive free revision the Company requires that the Customer provide the request within fourteen (14) days from the first completion date and within a period of thirty (30) days for dissertations.

The Company is committed to protect the privacy of the Customer and it will never resell or share any of Customer’s personal information, including credit card data, with any third party. All the online transactions are processed through the secure and reliable online payment systems.

### Fair-cooperation guarantee

By placing an order with us, you agree to the service we provide. We will endear to do all that it takes to deliver a comprehensive paper as per your requirements. We also count on your cooperation to ensure that we deliver on this mandate.

## Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
\$26
The price is based on these factors: