ECON2550 Game Theory:The Abstract of a Research Paper Provide

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ECON2550 Game Theory

Questions:

This online assessment relates to the first assessment component (presentation and a short 200-word report). Please submit your answers on Turnitin that is set up for this purpose (turnitin and then online reassessment (presentation)). Please submit one pdf file with the presentation and report on Turnitin.

You are required to make a presentation and write a 200-word report (you can think of the report as the abstract of a research paper that provides a brief description of the most important points of the work) on the following topic

 Task

Describe the prisoners’ dilemma type of game and provide three examples of prisoners’ dilemmas that are faced by real people (acting individually or in groups) in real life. In what sense is the Nash equilibrium of the prisoners’ dilemma unsatisfactory? Can you think of ways of rectifying this issue?

This assignment needs to be a presentation format. Please use 1000 words for the presentation and also provide real life examples as required and keep it original as the teacher is very harsh marker. The other 250 words will need to be used for the report

ECON2550 Game Theory

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