Question C1. Consider the following game played between two players, A and B. The players take it in turns to remove 1, 2 or 3 flags from a pile of 17 flags, with player A moving first. The player who takes the final flag, leaving none for the next player wins the game receiving a nominal payoff of 1, the other player receiving nothing.

Question C1. Consider the following game played between two players, A and B. The players take it in turns to remove 1, 2 or 3 flags from a pile of 17 flags, with player A moving first. The player who takes the final flag, leaving none for the next player wins the game receiving a nominal payoff of 1, the other player receiving nothing.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter8: Game Theory

Section: Chapter Questions

Problem 8.1P

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