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Chapter 24: An Introduction to Game TheoryStatic GraphicsEach graphic opens in a new browser window. (Working Versions)Graphs: Graph 24.1 Example of a 2-Player Sequential Move Game Graph 24.2Driving on the Left or Right Side of the Road with Sequential Moves Graph 24.3Game Tree for the Game Represented in Table 24.6 Graph 24.4Facing Potential Competition Graph 24.5An Extension of the Game in Graph 24.4 Graph 24.6abcMixed Strategy Nash Equilibrium for Matching Pennies Graph 24.7abcNash Equilibria for "Left/Right" Game from Table 24.2 Graph 24.8Incomplete Information about Player 2's Payoffs Graph 24.9Turning the Simultaneous Game in Graph 24.8 into a Signaling Game Graph 24.10A Small Change to the Previous Game and Beliefs Matter Graph 24.11Beliefs Matter Even More Graph 24.12abcAverage Payoffs under Infinite Repetition of the Prisoners' Dilemma Graph 24.13The Folk Theorem for the Infinitely Repeated Prisoners' Dilemma Tables:Table 24.1 Payoffs in a 2-Player Simultaneous Move Game Table 24.2Driving on the Left or Right Side of the Road Table 24.3A Sequential Move Game Represented in a Payoff Matrix Table 24.4A Game with a Single Efficient Pure Strategy Nash Equilibrium Table 24.5A Game with a Single Inefficient Pure Strategy Nash Equilibrium Table 24.6A Sequential Move Game Represented in a Payoff Matrix Table 24.7The Prisoners' Dilemma (with years in prison as payoffs) Table 24.8Another Prisoners' Dilemma (with Payoffs in $'s) Table 24.9Matching Pennies Table 24.10Prisoners' Dilemma |