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Game Theory and Strategy · Quiz 2 · 1 Dec 2024 · September 2024 term

Question 17: (Bayesian Game) Consider a variant of the situation mode…

Question 17

+0.5 marksNumerical answer

(Bayesian Game) Consider a variant of the situation modelled by Battle of Sexes (BoS) (as discussed in lectures) in which player 1 is unsure whether player 2 prefers to go out with her or prefers to avoid her, whereas player 2, as before, knows player 1’s preferences. Specifically, suppose player 1 thinks that with probability 1/3 player 2 wants to go out with her, and with probability 2/3 player 2 wants to avoid her. The situation is depicted in the following matrix of a static game with incomplete information:

With the help of this game matrix, we may come up with the following table depicting expected payoff of player 1 corresponding to different actions of both types of player 2.

Based on the above data answer the given subquestions.

Find out the value of a = ___________

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Correct answer: 3

Question 17 of 25 in the IIT Madras BS Game Theory and Strategy (Game Theory) Quiz 2 paper sat on 1 Dec 2024, in the September 2024 term (IIT M DEGREE AN EXAM QDB2 01 Dec 2024). It carries 0.5 marks.

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