In the following game determine the maximum amount you


In the following game, determine the maximum amount you would be willing to pay for the privilege of moving (a) first, (b) second, or (c) third: There are three players, you and two rivals. The player announcing the largest integer gets a payoff of $10, that announcing the second largest integer gets $0, and that announcing the third largest integer gets $5.

a) Maximum amount you would be willing to pay to go first: $

b) Maximum amount you would be willing to pay to go second: $

c) Maximum amount you would be willing to pay to go third: $

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Business Economics: In the following game determine the maximum amount you
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