Part 1 : Answer the following Games below. For each game below, please illustrate and show how the Nash Equilibrium is derived. Briefly explain the result of each game in not less than 3 sentences. a. Arisu and Usagi are stuck in Borderland and are now asked by the game master to play a game that involves 4 doors. Arisu must decide between the light and dark doors, while Usagi has to choose the angel and demon doors. The game is only cleared if both will be able to choose the Nash Equilibrium that considers a result of an Angel-Light combination. Will both clear the game? Why or why not? Arisu Light Dark 12 Angel Usagi Demon 10 12 5 1 3 5 3

Part 1 : Answer the following Games below. For each game below, please illustrate and show how the Nash Equilibrium is derived. Briefly explain the result of each game in not less than 3 sentences. a. Arisu and Usagi are stuck in Borderland and are now asked by the game master to play a game that involves 4 doors. Arisu must decide between the light and dark doors, while Usagi has to choose the angel and demon doors. The game is only cleared if both will be able to choose the Nash Equilibrium that considers a result of an Angel-Light combination. Will both clear the game? Why or why not? Arisu Light Dark 12 Angel Usagi Demon 10 12 5 1 3 5 3

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter8: Game Theory

Section: Chapter Questions

Problem 8.1P

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