15 September 2009

Game Theory is awesome

From this week's homework:

Suppose there are k snee[t]ches born with stars and k ≤ n. Now suppose Sylvester Mcmonkey Mcbean charges a price of p to either get a star removed or added. Assume that 0 < p < 1. So if a snee[t]ch decides to add a star (if born without one) or remove a star (if born with one), then p is subtracted from his/her payoff. Find all the Nash Equilibria.

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