Day 7 7-12-21 Asynchronous Assignments Game of Life Summer 2021

DUE: 3 hours before class on Day 8

WHERE to SUBMIT: Submission of your responses is located at the end of the particular assignment in Moodle.
NOTE: Feel free to submit typed or hand-written responses and scan or take a picture of your responses in order to submit. Let me know if you are
having problems submitting.

SHOW YOUR WORK

1. Game of Chicken & Mixed Strategy – Players use a probabilistic mix of each of their decisions.
In another famous game, Jim and Buzz agree to a game of chicken, where they are both driving towards a single-lane bridge from opposite
directions. The first to swerve away yields the bridge to the other. If neither player swerves, the result is a costly deadlock in the middle of the bridge,
or a potentially fatal head-on collision. It is presumed that the best thing for each driver is to stay straight while the other swerves (since the other is
the "chicken" while a crash is avoided). Additionally, a crash is presumed to be the worst outcome for both players. This yields a situation where
each player, in attempting to secure their best outcome, risks the worst. The game is given on page 2.
a. Do the players have a Dominant Strategy? Explain.

b. SOLVE for the Mixed Strategy that would Maximize Payoffs. That is calculate the percentage of time each player would randomly
play each decision in order to maximize expected payoffs.

2. Soccer Penalty Kicks & Mixed Strategy

A soccer player has to decide where to kick - towards the left or the right of the net that is guarded by the goalie. The goalie has to decide whether to
defend the goal by diving left or right. In this situation, the kicker is less accurate kicking left and kicks wide 50% of the time. The game is given on
page 3.
a. Do they have a Dominant Strategy?

b. SOLVE for the Mixed Strategy that would Maximize Payoffs. That is calculate the percentage of time each player would randomly
play each decision in order to maximize expected payoffs.

3. START ON YOUR PRESENTATION. Send me a chat or an email if you have questions about your topic.

1
 Jim (JAMES DEAN: Rebel Without a Cause)
Keep Going Swerve

-100 -2

Keep Going
2
-100

Buzz

2 0

Swerve
-2 0

2
 GOALIE
Dive Left Dive Right

0 -.5

Kick Left
.5
0

KICKER

-1 0

Kick Right
1 0