1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
True [87]
2 years ago
15

1. Two people have $10 to divide between themselves. Each person names a number (nonnegative integer) no more than 10. If the su

m of the two numbers is at most 10, each person gets the named amount of dollars, and the rest of the money is destroyed. If the sum exceeds 10, and the numbers are different, the person who has named the smaller number, receives the corresponding number of dollars, and the second person receives the rest. If the sum exceeds 10, and the numbers are equal, each person receives $5. Determine the be
Mathematics
1 answer:
Nitella [24]2 years ago
8 0

Answer:

Step-by-step explanation:

Determine the best response of each player to each of the other player’s actions; plot them in a diagram and thus find the Nash equilibria of the game.

The best response for player 2 can be stated as:

(where X1 equals the dollar that a person names and Y2(X1) being the amount the person receives)

X1 Y2(X1)

0 10

1 9,10

2 8,9,10

3 7,8,9,10

4 6,7,8,9,10

5 5,6,7,8,9,10

6 5,6

7 6

8 7

9 8

10 9

Th best responses for player 1 would be the same.

Nash equilibria is the set of strategies that every person forms given no person has any incentive to change. Hence, we can say that there are 4 Nash equilibria: (5,5) , (5,6) , (6,5) , (6,6)

You might be interested in
Write an equation perpendicular to y = -2x - 7 that passes through the point (4, 3)
s344n2d4d5 [400]

Answer:

y=x/2+5/2

Step-by-step explanation:

4=1/2(3)+5/2

y=×/2+5/2

6 0
3 years ago
What is the perimeter of a regular decagon with sides of 14 inches?​
photoshop1234 [79]

Answer:

140 inches

Step-by-step explanation:

one decagon has 10 sides

14*10= 140

6 0
2 years ago
Add (a+b-3)+(b+2a-1)+(4-6b+2a)
igor_vitrenko [27]
5a-4b is the answer
7 0
3 years ago
Read 2 more answers
Yasmin arrived home from play practice at 4:25 p.M the walk home took 15 minutes practice began 20 minutes after the final bell
anygoal [31]

Answer:

3:20

Step-by-step explanation:

4:25-15= 4:10

4:10-20=3:50

3:50-30=3:20

School ended at 3:20

6 0
3 years ago
Ok i need yall help please <br> 15=x+23-2x
Elena L [17]
X = 8 and yeah that’s all

4 0
3 years ago
Other questions:
  • Find x if xtan30.2=600tan24.1​
    6·1 answer
  • 11) Which of the following headlines contain quantitative information? *
    13·1 answer
  • Complete the proof showing that DE is parallel to AC
    13·1 answer
  • K12: Graph the image of this triangle after a dilation with a scale factor of 3 centered at the origin.
    7·1 answer
  • Help plsssssss no links or files
    15·1 answer
  • Please help !! i’m not quite getting what the equation can possibly be ? thank u !
    14·1 answer
  • What is the circumference of a circle with a diameter of 10 feet? Use 3.14 as π
    9·1 answer
  • Which of the following points is most likely a high-leverage point with respect to a regression of monthly sales versus advertis
    10·1 answer
  • Mark bought a fishing pole on sale for $15.45 which was 20% off the original price.
    8·2 answers
  • Which graph represents the function g(x) = 5x + 4 + 2?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!