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We show that a cooperative outcome—one that is at least next-best for the players—is not a Nash equilibrium (NE) in 19 of the 57 2 x 2 strict ordinal conflict games (33%), including Prisoners' Dilemma and Chicken. Auspiciously, in 16 of these games (84%), cooperative outcomes are nonmyopic...
Persistent link: https://www.econbiz.de/10012921117
Service sports include two-player contests such as volleyball, badminton, and squash. We analyze four rules, including the Standard Rule (SR), in which a player continues to serve until he or she loses. The Catch-Up Rule (CR) gives the serve to the player who has lost the previous point - as...
Persistent link: https://www.econbiz.de/10012935050
We show that a cooperative outcome — one that is at least next-best for the players — is not a Nash equilibrium (NE) in 19 of the 57 2 x 2 strict ordinal conflict games (33%), including Prisoners’ Dilemma and Chicken. Auspiciously, in 16 of these games (84%), cooperative outcomes are...
Persistent link: https://www.econbiz.de/10014108979
The rules of many sports are not fair — they do not ensure that equally skilled competitors have the same probability of winning. As an example, the penalty shootout in soccer, wherein a coin toss determines which team kicks first on all five penalty kicks, gives a substantial advantage to the...
Persistent link: https://www.econbiz.de/10014035210
Unlike tic-tac-toe or checkers, in which optimal play leads to a draw, it is not known whether optimal play in chess ends in a win for White, a win for Black, or a draw. But after White moves first in chess, if Black has a double move followed by a double move of White and then alternating play,...
Persistent link: https://www.econbiz.de/10013302673
Winning the coin toss at the end of a tied soccer game gives a team the right to choose whether to kick either first or second on all five rounds of penalty kicks, when each team is allowed one kick per round. There is considerable evidence that the right to make this choice, which is usually to...
Persistent link: https://www.econbiz.de/10014261414