forum.jpg (4424 bytes)     "Inside  every small problem is a large problem struggling to get out."

Rules Forum Contributors [For contributors only]


Experimental Economics
General Equilibrium
Other Topics
Prisoners Dilemma
Zero Sum Games


Thread and Full Text View

Ask a question about: Other Topics
Respond to the question: Can other players payoff in a nonzero?

03/02/2017 04:05 AM by The_Count; Can other player's payoff in a non-zero-sum game effect your choice?

I'm analyzing a melting pie like game the first player proposes a division of an amount of money.if second one accepts that the game is over and they'll devide it that way. But if he refuses ,then total amount shrinks to half and the first guy proposes a new devision and so on!
I know it's a zero sum game but when I've used backwards I see you should always choose between (2,2) and (2,0) and the first one is your payoff which one a gametheorist picks?
Can game theory explain which and why?
Thank you
[Manage messages]