Type of paper: Essay

Topic: Dilemma, Payoff, Player, Prisoner, Game, Column, Chicken, Public Relations

Pages: 4

Words: 1100

Published: 2020/12/18

1. Strategical thinking

Prisoner’s dilemma

Battle of sexes
Stag and hare
Traveler’s dilemma
2. Two games in the text
Prisoner’s dilemma

Chicken games


The payoff matrix of prisoner’s dilemma and chicken

This shows the payoffs matrix on a default. The highest symmetric outcomes are (H, H) in the upper right and (L, L) in the lower.ORThe formula of the players strategically chosen as x, and y with payoffs for the symmetry is restricted to a simple form;R(x,y)= c(y,x)where r(x,y) is the payoff matrix of the row chosen strategically when x chooses y and c(y,x) is a column chosen strategic by x.4. Payoff matrix under prisoner’s dilemma
The two players in the Rows and column and each player moves, either cooperative or defect” which corresponds to each by confusing in the illustrative. For the R is the reward that each player receives if they cooperate. P is the punishment that is received when defects. T is the temptation of the player, and this player and S is sucker
prison dilemma (PD) T>R>P>SThis is however termed to be the only equilibrium that is Nash in the weaker sense, and any player here can improve its position and this is done by changing the moves unilaterally. Suppose an equilibrium unique Nash for the weaker variety and the rational of the self-interested players would reach it.
The asymmetric game payoff matrixThe asymmetry of prisoner’s dilemma is represented by the script r and c for both rows and column
The games payoffs are always assumed to be ordered before each player, i.e., that Ti>Ri>Pi>Si where i=r,c.As D is strictly dominating both players, and the outcome (D, D) are, the players are it's worse when making each move than in the C,C.Its force of a dilemma felt weak. i.e. the inequality (PD3) a. Tr>Rr and Pr>Srb. Tc>Rc and Pc>Scc. Rr>Pr and Rc>Pc5.

The payoff matrix of the six neighbors’

The most famous one among the game theories in a class is dualogopoly
Hawk and Dove game payoff matrix

Hawk and Dove game payoff matrix


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WePapers. (2020, December, 18) Strategic Thinking Essays Example. Retrieved February 23, 2024, from https://www.wepapers.com/samples/strategic-thinking-essays-example/
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"Strategic Thinking Essays Example," Free Essay Examples - WePapers.com, 18-Dec-2020. [Online]. Available: https://www.wepapers.com/samples/strategic-thinking-essays-example/. [Accessed: 23-Feb-2024].
Strategic Thinking Essays Example. Free Essay Examples - WePapers.com. https://www.wepapers.com/samples/strategic-thinking-essays-example/. Published Dec 18, 2020. Accessed February 23, 2024.

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