The Netflix show, Squid Games, features game theory. Please watch this short scene showing the fourth game in the series:In the scene, players must select a partner and then play a game against each other using marbles. Two games were played in the scene: (I) odds and evens and (II) marble tossing. Based on your reading in chapter 18, explain which of these games is a simultaneous game and which is a sequential game. Be sure that your explanation clearly connects to the definitions in the chapter. Suppose that a pair plays “odds and evens” and they agree that player 1 wins with evens. Represent this game using a payoff matrix. Explain whether the game has a dominant strategy and whether there is a Nash Equilibrium.

Answer rating: 100% (QA)

In the context of game theory a simultaneous game is one where players make their decisions without ... View the full answer