--%>
Assignment Help - homework help

Tit-for-Tat in Dynamic Games

Assume that Kevin and Margeaux play a repeated game in that they can choose to act either cooperatively or non cooperatively. When on the third round, Kevin reacts cooperatively and Margeaux react uncooperatively: (1) and both use tit-for-tat strategy, Kevin will react cooperatively on the fourth round, although only on the fourth round, unless Margeaux acts cooperatively upon the fourth round. (2) Kevin will never trust Margeaux again and will always thereafter act uncooperatively. (3) and both use tit-for-tat strategy, this is possible they will never both cooperate again on the same round. (4) and both use grim strategy, Kevin will perform cooperatively on the fourth round and Margeaux will act uncooperatively.

Please choose the right answer from above...I want your suggestion for the same.

   Related Questions in Game Theory

  • 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 : Game theory according to oligopolists

    The game theory approach supposes that oligopolists: (w) do not maximize profit. (x) act strategically. (y) are actually monopolists in disguise. (z) maximize revenue. I need a good answer on the t

    		•
  • Q : NOT including competition in

    Illustrations of cooperative games do not comprise: (1) collective bargaining, in which the firms and unions bargain over employment. (2) international treaties that regulate trade. (3) pure competition. (4) plea bargaining between prosecutors and def

    		•
  • 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 : Restriction for illustration of

    Illustration of negative sum games would not comprise: (i) violent carjackings. (ii) “winner-take-all” poker games. (iii) war. (iv) retaliatory barriers to international trade. (v) family feuds. Hey fri

    		•
  • Q : Illustration of Second Mover Strategy

    When bartering over a rug in Morocco, Dee rejects to say how much she is willing to pay. In its place she waits for the rug dealer to state a price from that she can bargain. So Dee is using a: (1) first mover strategy. (2) second mover strategy. (3)

    		•
  • 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 : Flip-flop Strategy in Game Theory

    Famous categories of strategic games do not comprise: (1) grim strategy. (2) tit-for-tat. (3) cooperative games. (4) flip-flop strategy. (5) first mover strategies. How can I solve my Economics pro

    		•
  • Q : Application of game theory Within the

    Within the application of game theory, in that case the payoff is: (w) the game’s outcome. (x) the rival firm’s actions. (y) a consequence only of one firm’s actions. (z) is always uncertain. How

    		•
  • Q : Illustration of Nash equilibrium As per

    As per this payoff matrix in demonstrated figure, Alyssa going to the football game when Ben attended the play cannot be Nash equilibrium since: (w) they’d each gain the most possible when Ben watched football when Alyssa went to the play. (x) b

    		•