What are the examples of coordination game?

Examples. A typical case for a coordination game is choosing the sides of the road upon which to drive, a social standard which can save lives if it is widely adhered to. In a simplified example, assume that two drivers meet on a narrow dirt road. Both have to swerve in order to avoid a head-on collision.

Is Prisoner’s Dilemma a coordination game?

The Prisoner’s Dilemma is a coordination game. In a one-round Prisoner’s Dilemma, the optimal strategy for each player is to defect. Even though this is the strategy that makes most sense, it isn’t the one with the highest possible payoff—that would involve both players cooperating.

How many Nash equilibria are there in a coordination game?

two Nash equilibria
Coordination game. The coordination game has two Nash equilibria. If the column player plays Left, then the row player plays Up; if the row player plays Up, then the column player plays Left. This is an equilibrium. But Down/Right is also a Nash equilibrium.

What is an anti coordination game?

A symmetric two-player game is said to have the anti-coordination property if, for any mixed strategy, any worst response to the mixed strategy is in the support of the mixed strategy. Every anti-coordination game has a unique symmetric Nash equilibrium, which lies in the interior of the set of mixed strategies.

Is matching pennies a coordination game?

Matching Pennies is a zero sum game: the interests of the players are diametrically opposite. The opposite kind of game is a coordination game, in which an outcome that is considered best by one player is considered best by all the others, as in Stag Hunt.

Is Chicken a coordination game?

Both Chicken and Hawk-Dove are anti-coordination games, games in which it is mutually beneficial for the players to play different strategies. In this way it can be thought of as the opposite of a coordination game, where playing the same strategy Pareto dominates playing different strategies.

Is stag hunt a coordination game?

In game theory, the stag hunt is a game which describes a conflict between safety and social cooperation. Other names for it or its variants include “assurance game”, “coordination game”, and “trust dilemma”. Jean-Jacques Rousseau described a situation in which two individuals go out on a hunt.

Is Prisoner’s Dilemma a Nash equilibrium?

The prisoner’s dilemma is a common situation analyzed in game theory that can employ the Nash equilibrium. In this game, two criminals are arrested and each is held in solitary confinement with no means of communicating with the other.

What is a 2×2 game?

Here are some widely used stylized 2×2 normal form games (two players, two strategies each). The ranking of the payoffs is what distinguishes the games, rather than the actual values of these payoffs.

How do you play hawk and chicken?

Rules of the game:

1. One person acts the HAWK, one person acts the HEN, others act CHICKEN.
2. The HAWK tries to catch CHICKENS, the HEN tries to prevent the HAWK, and CHICKENS try to avoid being caught.
3. Any CHICKEN caught by the HAWK will become the new HAWK and the HAWK will become a new CHICKEN in the next round.

What is the Hawk-Dove game theory?

Hawks are always willing to fight, and so if two hawks meet, there will always be a fight. Winners receive the benefit, while losers face the cost of the fight. Doves flee, and so are never involved in a fight. There is no cost to be a dove, only the possibility of receiving no payoff.