illustrates the payoffs in a general, two-person, collective-action game. There we showed various inequalities on the algebraic payoffs [p(1), etc.] that made the game a prisoners’ dilemma. Now you...


illustrates the payoffs in a general, two-person, collective-action game. There we showed various inequalities on the algebraic payoffs [p(1), etc.] that made the game a prisoners’ dilemma. Now you are asked to find similar inequalities corresponding to other kinds of games:


(a) Under what condition(s) on the payoffs is the two-person game a chicken game? What further condition(s) make the game version I of chicken (as in Figure 11.3)?


(b) Under what condition(s) on the payoffs is the two-person game an assurance game?




May 26, 2022
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