examples of normal form games
A few example normal form games:
Prisoner’s dilemma
Probably the most famous game theory example, the prisoner’s dilemma is a two player game where and:
Traditionally this is interpreted as the case of two criminal partners separately being interrogated and asked to give up the other partner. stands for cooperating (with their partners) by refusing to give up information, and stands for defecting and agreeing to testify against the partner. The different payoffs reflect different jail sentences, ranging from nothing (+10) to a long jail sentence (-5), with amounts in between depending on the evidence against them.
The (much more convenient) normal form is: C D C 5,5 -5,10 D 10,-5 0,0
Notice that Pareto dominates , however is the only Nash equilibrium.
Battle of the Sexes
Another traditional two player game. The normal form is: O F O 2,1 0,0 F 0,0 1,2
A Degenerate Example
One more, rather pointless, example which illustrates a game where one player has no choice:
X | Y | Z | |
A | 2,100 | 1,7 | 14,-5 |
Undercut
A game which illustrates an infinite (indeed, uncountable) strategy space. There are two players and .
Title | examples of normal form games |
---|---|
Canonical name | ExamplesOfNormalFormGames |
Date of creation | 2013-03-22 12:51:27 |
Last modified on | 2013-03-22 12:51:27 |
Owner | Henry (455) |
Last modified by | Henry (455) |
Numerical id | 9 |
Author | Henry (455) |
Entry type | Example |
Classification | msc 91A10 |
Classification | msc 91A06 |
Classification | msc 91A05 |
Defines | prisoners dilemma |
Defines | battle of the sexes |