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Ashpveda s Ruh Khus Bathing Soap is an Ayurvedic handmade soap infused with Khus Vetiver oil Aloe Vera Nagkesar Mulethi and Almond Oil It gently cleanses hydrates and revitalizes the skin leaving it soft refreshed and delicately fragrant
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- There+are+three+players.+Each+player+is+given+an+unmarked+envelope+and+asked+to+put+in+it+either+nothing+or+3+of+his+own+money+or+6+of+his+own+money.+A+referee+collects+the+envelopes,+opens+them,+gathers+all+the+money+and+then+doubles+the+amount+(using+his+own+money)+and+divides+the+total+into+three+equal+parts+which+he+then+distributes+to+the+players.+For+example,+if+Players+1+and+2+put+nothing+and+Player+3+puts+6,+then+the+2+referee+adds+another+6+so+that+the+total+becomes+12,+divides+this+sum+into+three+equal+parts+and+gives+4+to+each+player.+Each+player+is+selfish+and+greedy,+in+the+sense+that+he+ranks+the+outcomes+exclusively+in+terms+of+his+net+change+in+wealth+(what+he+gets+from+the+referee+minus+what+he+contributed).+(a)+Describe+this+game+by+means+of+a+set+of+matrices.+(Hints:+Note+that+we+can+represent+a+three+player+game+with+a+set+of+matrices:+Player+1+chooses+the+row,+Player+2+chooses+the+column+and+Player+3+chooses+the+matrix+(that+is,+we+label+the+rows+with+Player+1’s+strategies,+the+columns+with+Player+2’s+strategies+and+the+tables+with+Player+3’s+strategies)).+(b)+Find+the+Nash+equilibria+of+the+above+game.
