Meeting Up: Two old friends plan to meet at a conference in San Francisco, and they agree to meet by "the tower." After arriving in town, each realizes that there are two natural choices: Sutro Tower or Coit Tower. Not having cell phones, each must choose independently which tower to go to. Each player prefers meeting up to not meeting up, and neither cares where this would happen. Model this as a normal-form game and write down the matrix form of the game.

Meeting Up: Two old friends plan to meet at a conference in San Francisco, and they agree to meet by "the tower." After arriving in town, each realizes that there are two natural choices: Sutro Tower or Coit Tower. Not having cell phones, each must choose independently which tower to go to. Each player prefers meeting up to not meeting up, and neither cares where this would happen. Model this as a normal-form game and write down the matrix form of the game.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter8: Game Theory

Section: Chapter Questions

Problem 8.9P

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