--%>
Assignment Help - homework help

Tit-for-tat behavior for games strategies

John and Amy have agreed to divide any fudge left over after today. Every time Amy eats a piece of fudge today and also John does, vice versa as well. Their tactics are termed as: (1) grim strategy. (2) tit-for-tat behavior. (3) copy-cat behavior. (4) echoing tactics. (5) second mover advantages.

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

   Related Questions in Game Theory

  • 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

    		•
  • Q : Illustration of cooperative game Tom

    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 strateg

    		•
  • Q : Tit-for-Tat behavior The tit-for-tat

    The tit-for-tat behavior that frequently emerges in an infinitely repeated game may be summarized as do unto others like: (w) they most recently did unto you. (x) you would have them do unto you. (y) before they do unto you. (z) they have ever done un

    		•
  • Q : Problem about Second-Mover Strategy A

    A boxer who is a counterpuncher within place of an aggressor is subsequent a: (1) second-mover strategy. (2) grim strategy. (3) prisoner’s dilemma strategy. (4) rebound strategy. (5) copy-cat strategy. I need a good answer on

    		•
  • Q : Decreasing cost industries When average

    When average production cost for Plastibristle Inc. falls like market demand increases and more firms go into the industry, Plastibristle is within:  (1) an economically efficient industry. (2) a purely competitive industry. (3) an industry exper

    		•
  • Q : Illustrations of cooperative games An

    An instant of a noncooperative game would be: (w) consequences for non-confessors in a classic prisoner’s dilemma. (x) collective bargaining. (y) courtship and marriage. (z) plea bargaining. Can someone expla

    		•
  • 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 : Follow dominant strategy If Venezuela

    If Venezuela and Indonesia could enforce an agreement not to cheat onto OPEC’s cartel quotas: (w) their earnings would be constant since the dominant strategy for both is to not cheat. (x) their earnings would be higher than while they followed the dominant stra

    		•
  • Q : Illustration of Prisoners ‘Dilemma The

    The District Attorney has Car Jacker as well as Cat Burglar nailed for possession of stolen goods after a long crime spree. Now the DA separately offers them the options within this pay-off matrix. The probably result is for: (1) Car Jacker to serve only two years bec

    		•
  • Q : First Mover Strategy for Tit-for-Tat

    Jim shows Jena his homework as long as Jena permits him to look at her completed assignments, but when Jena stops demonstrating Jim her homework, Jim will not allowed her to see his. Jim's strategy is a: (1) a grim strategy. (2) tit-for-tat strategy. (3) first mover s

    		•