Question

In: Economics

Consider this childhood game with two players, A and B. There are 11 lit candles. The...

Consider this childhood game with two players, A and B. There are 11 lit candles. The players take turns blowing out 1, 2, or 3 candles, with A going first. The player that blows out the last candle wins. It is possible to solve this game using backwards induction. The numbers below may help you to organize your thoughts.

1 2 3 4 5 6 7 8 9 10 11

a. In equilibrium, which player wins the game?

b. On this player’s first move, how many candles should they blow out?

c. Pick a number of candles greater than 11 for which the other player would definitely be able to win the game. If no such number of candles exists (i.e. the same player would win for any number of candles 11 or greater), say so.

Solutions

Expert Solution

a. In equilibrium, A wins the game.

Any player who blows out the last (11th) candle wins. So starting from 11th candle and applying backward induction. Any player will be able to blow out 11th candle if he's can blow out 7th candle, because then other player can only blow out either 8th or 9th or 10th candle. With same reasoning, any player will be able to blow out 7th candle if he's able to blow out 3rd candle, because then other player can only blow out either 4th or 5th or 6th candle. Knowing that if he can blow out 3rd candle, any player can win, a rational player will try to blow out 3rd candle. Given that player A is going first, he can easily blow out 3rd candle and win the game.

b. As explained above, A should blow out 3 candles on his first move.

c. Other player (i.e. player B) can definitely win any game in which number of candles are a multiple of 4. So any game consisting 12, 16, 20, 24 and so on, can be won by player B.

Reason is, if its a multiple of 4, then any player who can blow out 4th candle will win. Since 4th candle can be blown only by player B (if he plays rationally), he'll win. Take the example of 16 candles: any player who blows out 16th will win, which again turns out that any player who blows out 12th candle will win (by reasoning in part a), which again turns out that any player who blows out 8th candle will win (by reasoning in part a) and and 8th candle is blown by player who blows 4th, which in our case will be player B.


Related Solutions

This is a sequential game with two players A and B. In this game a dime...
This is a sequential game with two players A and B. In this game a dime is put on the table. A can take it or pass. If A takes a dime, the game ends; if A passes, then B can take 2 dimes or pass; if B takes 2 dimes, the game ends; if B passes, then A can take 3 dimes or pass; and so on until a choice of a dollar. This process is shown in the...
JAVA Remember the childhood game “Rock, Paper, Scissors”? It is a two-players game in which each...
JAVA Remember the childhood game “Rock, Paper, Scissors”? It is a two-players game in which each person simultaneously chooses either rock, paper, or scissors. Rock beats scissors but loses to paper, paper beats rock but loses to scissors, and scissors beats paper but loses to rock. Your program must prompt the player 1 and player 2 to each enter a string for their choice: rock, paper, or scissors. Then appropriately reports if “Player 1 wins”, “Player 2 wins”, or “It...
1. Consider the following game. There are two piles of matches and two players. The game...
1. Consider the following game. There are two piles of matches and two players. The game starts with Player 1 and thereafter the players take turns. When it is a player's turn, she can remove any number of matches from either pile. Each player is required to remove some number of matches if either pile has matches remaining, and can only remove matches from one pile at a time. Whichever player removes the last match wins the game. Winning gives...
5. Consider the following games played between two players, A and B.   Game 1: A and...
5. Consider the following games played between two players, A and B.   Game 1: A and B have reached a verbal agreement: A would deliver a case of beer to B, and B would deliver a bag of beer nuts to A. Now, each player needs to take an action: keep the promise (to deliver the goods), break the promise. If both keep their promises, then each player gets a payoff of 5; if both break their promises, then each...
Consider the following game that has two players. Player A has three actions, and player B...
Consider the following game that has two players. Player A has three actions, and player B has three actions. Player A can either play Top, Middle or Bottom, whereas player B can play Left, Middle or Right. The payoffs are shown in the following matrix. Notice that a payoff to player A has been omitted (denoted by x). Player B    Left Middle Right Top (-1,1) (0,3) (1,10) Middle (2,0) (-2,-2) (-1,-1) Bottom (x,-1) (1,2) (3,2) (player A) Both players...
Two players A and B play a game of dice . They roll a pair of...
Two players A and B play a game of dice . They roll a pair of dice alternately . The player who rolls 7 first wins . If A starts then find the probability of B winning the game ?
Consider a following zero-sum game of two players a) Reduce the initial game to a 2x2...
Consider a following zero-sum game of two players a) Reduce the initial game to a 2x2 game. Eliminate only strictly dominated strategies. In the obtained 2x2 game name Player 1’s (Row player’s) strategies “Up” and “Down” and Player 2’s (Column player’s) strategies “Left” and “Right”. b) Find all Nash equilibria of the 2x2 game (both in pure and mixed strategies) ALL ANSWERS MUST BE EXPLAINED. 2 0 1 -1 1 0 1 2 3 1 2 0
Consider a following zero-sum game of two players a) Reduce the initial game to a 2x2...
Consider a following zero-sum game of two players a) Reduce the initial game to a 2x2 game. Eliminate only strictly dominated strategies. In the obtained 2x2 game name Player 1’s (Row player’s) strategies “Up” and “Down” and Player 2’s (Column player’s) strategies “Left” and “Right”. b) Find all Nash equilibria of the 2x2 game (both in pure and mixed strategies) ALL ANSWERS MUST BE EXPLAINED. 2          0          1          -1 1          0          1          2 3...
Consider the situation below where two players are engaged in a game of chicken. In this...
Consider the situation below where two players are engaged in a game of chicken. In this game, both players drive their cars at each other and each player can choose to either drive straight, or swerve. If both cars drive straight, they will crash in to one another, causing damage to both vehicles. If one car goes straight, while the other swerves, the player that swerves is a "chicken" while the other player is respected for their bravery. If both...
Consider a game with two players, each of whom has two types. The types of player...
Consider a game with two players, each of whom has two types. The types of player 1 are T1 = (a,b). The types of player 2 are T2 = (c,d). Suppose the beliefs of the types are p1(c/a) = p2(a/c) = 0.25 and p1(c/b) = p2(a/d) = 0.75. Is there a common prior? If yes, construct one; if no, prove why not.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT