--%>

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 : Operates dilemma of prisoner When this

    When this prisoners’ dilemma operates upon a one-time basis, in that case the result is probably to be in the quadrant for: (1) confess; confess. (2) hold out; hold out. (3) Ack-Ack confess; Bongo holdout. (4) Bongo confess; Ack-Ack holdout. (5)

  • Q : Strategies of companies in go to

    In this payoff matrix for the location strategies of companies, when BEST locates first: (w) both companies will go to location 1. (x) both companies will go to location 2. (y) this will go to location 1 and ACE will go to location 2. (z) this will go to location 2 an

  • 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 : Explain Nash equilibrium with an example

    In this payoff matrix as in illustrated, when the husband gets to choose first: (w) he will watch the film and his wife will play golf. (x) he will play golf and his wife will see the film. (y) they will both play golf. (z) they will both see the film.

    Q : First Mover Advantage An aggressive

    An aggressive firm which initiates an action in a market most likely perceives a: (1) potential monopoly profit. (2) passive rival which will not react. (3) first mover advantage. (4) gain through a “counterpunch” strategy. (5) possibility

  • Q : Illustrate Dominant Strategy The

    The dominant strategies in this payoff matrix are for: (w) neither Venezuela nor Indonesia to cheat, thus ensuring that each gets $8 billion profit. (x) both Venezuela and Indonesia to cheat, so receiving $5 billion profit each. (y) the greatest payof

  • Q : Repeating game in Nash equilibrium In

    In Nash equilibrium for a repeating game, there the participants: (i) share potential gains in proportion to the relative sizes of the two parties. (ii) are harmed by the prisoners’ dilemma. (iii) have both adopted their respective dominant posi

  • Q : Exemplify Zero-Sum Game Making a bet

    Making a bet within an office pool on this year's Super Bowl is an illustration of a: (w) positive-sum game. (x) negative-sum game. (y) zero-sum game. (z) communal sacrifice. I need a good answer on the topic of Economics <

  • Q : Infrastructure and decreasing cost

    Assume that government in a developing nation enables start-up some firms to manufacture at lower costs by building infrastructure (for example, power grids and transportation networks), as well as also facilitates learning-by-doing through building p

  • Q : According to game theory in Nash

    According to game theory, when there are multiple Nash equilibria for a repeated game in that case: (w) once one Nash is selected this will be maintained, and all else constant. (x) any Nash equilibrium may be chosen as the first equi