#Ok to post homework #Lucy Martinez, 02-17-22, Assignment 8 read `C7.txt`: #----------------------Problem 3-----------------------# # Prove that in the version of the Snwodrift game in section 1.4, # with T>R>S>P, (Refuse,Pay) and (Pay,Refuse) are two pure Nash equilibria # Either by hand, or using Maple, prove that in addition there is # a mixed Nash equilibrium. Find an explicit expression for that additional # Nash equilibrium, in terms of the parameters T,R,S,P, and check it # for random numerical values using MNE(G) G:=Matrix([[[4,4],[3,5]],[[5,3],[1,1]]]): # Since the Mixed Nash Equilibrium for this problem is expected to be ((P-S)/(R-S-T+P),(P-S)/(R-S-T+P)) # in which this case G gives us that T=5,R=4,S=3,P=1 where T>R>S>P. # Here, given those values from G, we should get that the mixed nash equilibrium # is (2/3,2/3) after some calculation. MNE22(G); # { [0, 1], [1, 0], [2/3,2/3] }