Consider the following dating game played between the Quarterback of a high scho

Question

Consider the following dating game played between the Quarterback of a high school football team and the lead Cheerleader(Payoffs are in the order of Quarterback and Cheerleader): 1. 2,1 Cheerleader Not Dump 4,2 Ouaterback 1.4 Cheerleader 3,3 (a) Find out the subgame perfect Nash Equilibrium (the rollback equilibrium). (b) Does the Quarterback have an incentive to make a strategic move? Why or why not? (c) Does the Cheerleader have an incentive to make a strategic move? Why or why not? (d) If the cheerleader finds a way to credibly make a commitment not to dump the quarterback, can she improve her situation? Why? Note the question is NOT asking for how or whether the cheerleader can credibly make such commitment. The question assumes she can do this.) (e) If the cheerleader finds a way to credibly make the following threat: "I will dump you if you dump me hut will be faithful to you if you remain faithful to me!", can she improve her situation? Explain. (Note the question is NOT asking for how or whether the cheerleader can credibly make such threat. The question assumes she can do this.)

Explanation / Answer

ANS A) It states that" A subgame perfect if it is only a subgame & is a nash equlibrium in any sub game of the original game , asub game should be well defined game when it is taken separately .

it must take an initial start, all the moves start from the node & be in the same subgame.

b) here we take two situations in which abuyer can store the goods by purchasing the consumption material to have potential gains . the storability introduces a kink in the aggregate period 1 demand period , SUPPLY IS OLIGOPOLISTIC & DEMAND ARE SUFFICIENTLY PATIENT( say cost is low).Each company has an incentive to capture the future market from their competetiors.. .A MONOPOLY & PERFECT COMPETATIVE MARKETS EXHIBITS NO SUCH PRICE DYNAMICS.

c) Here it means - THE SALES TEAM MOTIVATION .This can be tricky & can move the buisness to achive the targets or goals & motivating the sales team can convert impossible task to possible one to some extend .The strategies to keep your team performing at high levels.

4) it means that through your dedication , hardwork,keep the team in a organised manner & running the show/business . Work togeather to create apositive atttitude or experience visible in the show /work, Without you the team or the organisation cannot move ie you are the fund raising person or the chair that raises money/or organisation to ahigher level IMPORTANCE OF COMITTING IN/AS CHEERLEADER.

5) it depends on the situation,as per the statement that BEING LOYAL IS AGREAT QUALITY.Loyality is that sence where we consistently communicate ,demostrate ,give support/be the back bone of the firm.& prepares the foundation of the company mutual relationship between both parties.

7 it must take

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