Complexity Explorer Santa Fe Institute

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Game Theory II- Dynamic Games

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7.2 Level-k in the Beauty Contest Game » Quiz Solution

 Lesson 8 : In the game below, suppose that the level-0 strategy for player 1 is to play C and the level-0

strategy for the player 2 is to play S. Will players of the same level ever play the same strategy?

                                      

(a) Yes

(b)  No

Explanation: Player 1's level-k  strategy is to play when k  is odd, and C  when k  is even.

The opposite is true for player 2.