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A and B are to choose "heads" or "tails" without communicating. If both choose "
heads," A gets $3 and B gets $2 ; , if both choose "tails," A gets $2 and B gets $3.
If they choose differently, neither gets anything. You are A (or B) ; which do you ...
He chooses strategy I, forcing Row to choose between payoffs of 1 and o; Row
chooses strategy i, providing Column a payoff of 2. But if we allow Row to make a
threat, he declares that he Fig. 9 will choose strategy ii unless Column chooses II
Let Row now threaten to choose ii with probability equal to ir, in the event
Column chooses II. In other words, if Column fails to comply there is a probability
of tt that Row will choose ii to their mutual discomfort, and of ( 1 — w) that he will ...
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LibraryThing ReviewUser Review - HadriantheBlind - LibraryThing
This is one of the most important books on Game Theory, and also, thankfully, one of the more accessible (certainly much more so than von Neumann's and Morgenstern's book). His main theses are that ... Read full review
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