--%>

Illustration of cooperative game

Tom and Jill and John are the merely remaining contestants upon the TV show Survivor. Both Tom and Jill secretly collude to divide the million dollars for winning, as well as vote John off the island. Therefore their agreement is an illustration of a: (1) grim strategy. (2) cooperative game. (3) competitive collusion. (4) boring game show. (5) price-fixing scheme.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Game Theory

  • Q : Mugging is example of which problem A

    A mugging is an illustration of a: (1) positive-sum game. (2) negative-sum game. (3) zero-sum game. (4) predatory voluntary transfer payment. (5) tit-for-tat game. Hello guys I want your advice. Please recommend so

  • Q : Problem regarding on positive-sum game

    International trade confronted by no tariffs or quotas therefore this is based upon comparative advantage is an example of a: (1) positive-sum game. (2) tit-for-tat game. (3) negative-sum game. (4) zero-sum game. (5) strategic game. Can anybody suggest me the proper expla

  • Q : Policy of Grim Strategy A decisionmaker

    A decisionmaker [i.e., agent in a game] who never forgives other players who failed to cooperate within a previous encounter as well as who punishes them at each opportunity thereafter is pursuing a policy of: (i) motivated vengeance. (i) grim strateg

  • Q : Prisoner's dilemma game theory This

    This payoff matrix as in demonstrated figure for two countries that belong to the OPEC cartel exemplifies: (w) a prisoner's dilemma game. (x) a game in which neither participant has a dominant strategy. (y) why neither country will cheat as a dominant

  • Q : Strategy game theory of Tit for Tat

    Garbanzo lowers the price for its salad buffet. Pinto’s, a close by rival restaurant, in that case lowers its price for its salad buffet, a near substitute. If Garbanzo notices it, then the manager lowers the price again. It trend continues. Such restaurants are

  • Q : Example of a noncooperative game An

    An example of a noncooperative game would be: (1) negotiations for international trade agreements. (2) collective bargaining. (3) plea bargaining. (4) the adoption of tit-for-tat strategies in repeated games. (5) collusion by firms in an oligopoly.

  • Q : Noncooperative Games ACE and BEST are

    ACE and BEST are the simply two grocery stores within a remote small town into North Dakota. The owners like each other very small and trust each other even less. When they cooperate the Antitrust Division of the U.S. Department of Justice will never know. When both t

  • Q : Go to location of strategic companies

    In this payoff matrix for the location strategies of companies, when ACE fails to anticipate the response of BEST and when ACE locates first: (1) they will both go to location 1, just as they would have while BEST had located first. (2) ACE will go to location 1 and B

  • Q : NO net incentives to change current

    Rivals with no net incentives to modify their current strategies within a repeating sequence of games have arrived at a location of: (1) Nash equilibrium. (2) static churn. (3) classical steady state. (4) the invisible hand. (5) tactical impasse.

  • Q : Second Mover Strategy Assume that a car

    Assume that a car dealer tries to acquire a prospective buyer to “tell me your highest probable offer for this car, and we will see when that’s acceptable,” although a customer insists, “I will decide whether to buy after you make your lowest p