Jesse and Janie are playing a game. On the table in front of them, there are 50 coins. They take turns removing some of these coins from the table. At each turn, the person moving can remove either 1,2,3,4,5,6, or 7 coins (they cannot remove 0 or 8, etc.). The person to remove the last coin wins. Suppose Janie is the first player to have a turn (a) In the subgame perfect equilibrium, Janie begins by taking _________coins (b) Suppose Janie makes a mistake in play and removes a number of coins that leaves 27 coins on the table when it is jesses turn. To have a chance at winning, Jesse should remove _________ Coins
Jesse and Janie are playing a game. On the table in front of them, there are 50 coins. They take turns removing some of these coins from the table. At each turn, the person moving can remove either 1,2,3,4,5,6, or 7 coins (they cannot remove 0 or 8, etc.). The person to remove the last coin wins. Suppose Janie is the first player to have a turn (a) In the subgame perfect equilibrium, Janie begins by taking _________coins (b) Suppose Janie makes a mistake in play and removes a number of coins that leaves 27 coins on the table when it is jesses turn. To have a chance at winning, Jesse should remove _________ Coins
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter15: Strategic Games
Section: Chapter Questions
Problem 15.1IP
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Jesse and Janie are playing a game. On the table in front of them, there are 50 coins. They take turns removing some of these coins from the table. At each turn, the person moving can remove either 1,2,3,4,5,6, or 7 coins (they cannot remove 0 or 8, etc.). The person to remove the last coin wins. Suppose Janie is the first player to have a turn
(a) In the subgame perfect equilibrium, Janie begins by taking _________coins
(b) Suppose Janie makes a mistake in play and removes a number of coins that leaves 27 coins on the table when it is jesses turn. To have a chance at winning, Jesse should remove _________ Coins
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