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MAT101 Assigment2

1. Use iterated elimination of strictly dominated strategies to solve a 4x4 game, reducing it to a shorter game. Find the pure Nash equilibrium of the reduced game. 2. Use iterated elimination of strictly dominated strategies to reduce a second 4x4 game to a shorter 2x4 game. Find the pure Nash equilibrium. 3. Solve a system of 4 equations with 4 unknowns using substitution and Cramer's rule. Calculate the determinants by hand.

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33 views1 page

MAT101 Assigment2

1. Use iterated elimination of strictly dominated strategies to solve a 4x4 game, reducing it to a shorter game. Find the pure Nash equilibrium of the reduced game. 2. Use iterated elimination of strictly dominated strategies to reduce a second 4x4 game to a shorter 2x4 game. Find the pure Nash equilibrium. 3. Solve a system of 4 equations with 4 unknowns using substitution and Cramer's rule. Calculate the determinants by hand.

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MOHAMMAD ANAS
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Department of Mathematics and Natural Sciences

MAT 101: Fundamentals of Mathemtics


ASSIGNMENT 2

Faculty: Shovan Sourav Datta Mark: 40

Name: ID: Section:

1. Use Iterated Elimination of Strictly Dominated Strategy (IESDS) to find the rational
behavior of the game (step by step elimination with descriptions required) (16)

Player 2
A B C D E
V (25, −1) (25, −1) (−2, 0) (−2, 20) (−3, 19)
W (15, 1) (2, 2) (2, 5) (12, 0) (2, 3)
Player 1 X (20, 1) (15, −1) (0, 2) (4, −1) (0, 4)
Y (1, −33) (−3, 43) (−1, 10) (1, −6) (−1, 12)
Z (0, 0) (1, −13) (−1, 15) (−2, −5) (−3, 20)

2. Firstly, use Iterated Elimination of Strictly Dominated Strategy (IESDS) to shorten this
4 × 4 game into a shorter one. When no further elimination is possible, find the pure Nash
equilibrium of the shorter game. (Step-by-step elimination and descriptions are required.) (10)

Player 2
A B C D
V (5, −2) (−2, 5) (−1, 6) (5, 4)
W (11, 1) (3, 3) (0, 2) (6, 1)
Player 1
X (6, −1) (2, 0) (1, 1) (−2, 0)
Y (2, 8) (1, 9) (−5, 4) (3, 2)

3. Solve the system using (i) Substitution method and (ii) Cramer’s Rule (14)




9w + 8x + 9y + 2z = 42



5w + 2x + 7y + 3z = 45




 6w + 4x + 3y + 6z = 53



8w + 2x + 5y + 6z = 63

N.B. : You have to evaluate the determinant using hand calculation

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