Different types of game strategy


Task: Some games of strategy are cooperative. One example is deciding which side of the road to drive on. It doesn’t matter which side it is as long as everyone chooses the same side. Otherwise, everyone may get hurt.

 

 

Driver 1

 

                                                 Driver     2

 

Left

Right

Left

0, 0

-1000, -1000

Right

-1000, -1000

 0, 0


Question 1. Would either player have a dominant strategy? If so, explain?

Question 2. Is Nash equilibrium in this particular game? Explain

Question 3. Would this game be considered a cooperative game?  If so, explain?

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Managerial Economics: Different types of game strategy
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