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ECON0027 Week 6

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In depth notes on ECON0027 Week 5

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  • May 21, 2024
  • 3
  • 2023/2024
  • Class notes
  • Nikita roketskiy
  • All classes
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Week 6
Bayesian Games
Ch. 9.1-9.5



Static game
Battle of the sexes
• Player 1 would like to match player 2’s actions
• Player 2’s preferences are unknown
◦ State 1: player 2 would like to match player 1’s actions
◦ State 2: player 2 would like to mismatch
• The state is known to player 2, but not player 1 who only knows probabilities

B S B S
13,113,51
B12,110,01 PL haveprofitabled eviation
doesn't

5 o.o 1,2 510,1 10

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IB zit v s lT
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deviations
profitable

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Brakesw s BR1515.4 B
pl2doesn'thaveprofitabledeviation
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Brakes.ws
ayyy
In ipypygyyygpygy.gg



mm
N 1Wiwe
prlw.lu BsterewaluilB.si


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s I it2oo 10.0.2

Ago
II
B 100
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s


MINE
Vals Blue l a sa's
B 5 B at Valseswa za
t a za

B12.110 B 13016.1
310,1110
Y s so

5 o.o 1,2 V B IT2BOCIBI l A 2801101 2811H artit tellth ri r g
s ITLOBtlllBDci.itornery ayyy
Prwi IT PrwallIT
validity
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git El TE0,43 BMSNE
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