subject
Mathematics, 30.07.2019 18:10 sighgabbie

3. suppose two merchants have to choose a location along the straight road. they may choose any point in {1, , n) .assume there is exactly one customer at each of these points and a customer will always go to the nearest merchant. if the two merchants are equidistant to a customer then they share that customer, that is, 1 2 the customer goes to each store. for example, if n 11 and if player i chooses location 3 and player il chooses location 8, then the payoff to i is 5 and the payoff to l is 6. (a) suppose n = 5 . find the bimatrix and find the nash equilibrium. (b) what do you think is the nash equilibrium in general if n odd integer. 2 k+ 1,that is, n is an

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 17:40
Follow these steps using the algebra tiles to solve the equation −5x + (−2) = −2x + 4. 1. add 5 positive x-tiles to both sides and create zero pairs. 2. add 4 negative unit tiles to both sides and create zero pairs. 3. divide the unit tiles evenly among the x-tiles. x =
Answers: 1
question
Mathematics, 21.06.2019 22:30
The area of a circle is equal to 1 dm². find the radius of the circle.
Answers: 1
question
Mathematics, 21.06.2019 23:00
Sam is picking fruit from a basket that contains many different kinds of fruit. which set of events is independent?
Answers: 1
question
Mathematics, 21.06.2019 23:00
Events a and b are independent. the probability of a occurring is 2/5. the probability of b occurring is 1/4. what is p(a and b)?
Answers: 2
You know the right answer?
3. suppose two merchants have to choose a location along the straight road. they may choose any poin...
Questions
question
Mathematics, 10.06.2020 03:57
Questions on the website: 13722367