Dse 2012
Posted by rohan on May 29, 2013; 12:48pm
URL: http://discussion-forum.276.s1.nabble.com/Dse-2012-tp7581459.html
Consider the following two-player game. The players simultaneously
draw one sample each from a continuous random variable X,
which follows Uniform[0; 100]. After observing the value of her own
sample,which is private information (that is, opponent does not
observe it), players simultaneously and independently choose one of
the following:SWAP,RETAIN.If both the players choose SWAP then they
exchange their initially drawn numbers. Otherwise, if at least one
person chooses RETAIN,both of them retain their numbers. A player
earns as many Rupees as the number she is holding at the end of the
game.Find the probability that the players will exchange their
initially drawn numbers.
i know its been discussed earlier but somebody plz explain again properly??.(the answer is 0)