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
84 out of 240 what is the percentage
Nesterboy [21]

Convert fraction (ratio) 84 / 240 Answer: 35%

5 0
2 years ago
Read 2 more answers
What are 2 possible values for x where x ≥ 6?
seropon [69]

Answer:

6-7-8-9-10-11-12-13-14-15 etc...

Step-by-step explanation:

any number that is equal to 6 or greater than 6 is a possible value for x.

5 0
2 years ago
Someone help me solve this and could you explain why too?
yulyashka [42]

Answer:

3.5

Step-by-step explanation:

Well its easiest to just plug in the answers and see like 2 times 3.5 is 7.

Another way is saying 7 divided by 2 is 3.5

then u check to make sure its the same for all the numbers.

Which it is because 21 divided by 6 is also 3.5 :)

5 0
3 years ago
How many fifieths would three theths equal
kari74 [83]
45 you need to fix the question for example what does theths mean
3 0
3 years ago
Which of the following is equal to 2?
bekas [8.4K]
I think the answer is B
7 0
3 years ago
Read 2 more answers
Other questions:
  • A politician wants to estimate the proportion of constituents favoring a controversial piece of proposed legislation. suppose th
    5·1 answer
  • Find the intersection of the following sets.
    7·1 answer
  • If x2 +8x-4=x2+8, then 2x-3+?
    11·1 answer
  • How do you write half of j minus 5 is the sum of k and 13
    11·1 answer
  • Please help me!!!!!!!!!!!!!!!
    15·1 answer
  • Find the value of the expression
    8·1 answer
  • Find a1, for the arithmetic series<br> with S14 = - 420 and d = -6.
    12·1 answer
  • Please help me with this
    8·1 answer
  • Solve for x if x+3.5=4 1/3
    9·1 answer
  • Which of the following factors is a factor of the expression x^2+5x-6
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!