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Ashpveda Pure Kannauj Rose Water Toner is a steam distilled natural toner crafted from high quality Kannauj roses It hydrates balances pH levels and tightens pores leaving your skin refreshed and radiant
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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.
