Question

3. Novak Djokovic and Rafael Nadal are two professional tennis players playing a match. Suppose Djokovic...

3. Novak Djokovic and Rafael Nadal are two professional tennis players playing a match. Suppose Djokovic has just volleyed. (A volley is when a player hits the ball before it bounces on their side of the court. This usually occurs close to the net.) In response, Nadal has two options. He can try a down the line shot (hitting the ball straight down the sideline) or a cross-court shot (hitting the ball diagonally into Djokovic’s court). Djokovic knows that these are Nadal’s two options and thus must choose to cover either the cross court short or the down the line shot. If Djokovic covers the cross court shot, Nadal has an 80% chance of success with the down the line shot and a 20% chance of success with a cross-court shot. If Djokovic covers the down the line shot, Nadal has a 50% chance of success with the down the line shot and a 90% chance of success with a cross-court shot.

The payoff matrix for this game is below.

Down the line (DL)

Cross Court (CC)

Down the line (DL)

.5, .5

.8, .2

Cross Court (CC)

.9, .1

.2, .8

a. Find the best response function for Nadal.

b. Find the best response function for Djokovic.

c. Find all Nash Equilibria.

Homework Answers

Answer #1

Best response function for Nadal,

If Djokovic covers the down the line shot, is cross court shot as chances of success is higher (90%) than down the line shot(50%)

If Djokovic covers the cross court shot, is down the line shot as chances of success is higher (80%) than cross court shot(20%)

Best response function for Djokovic

If Nadal plays down the line shot, is down the line shot as chances of success is higher (50%) than cross court shot(20%)

If Nadal plays cross court shot, is cross court shot as chances of success is higher (80%) than down the line shot(10%)

Nash Equilibria doesnt exist in this case.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Using the model proposed by Lafley and Charan, analyze how Apigee was able to drive innovation....
Using the model proposed by Lafley and Charan, analyze how Apigee was able to drive innovation. case:    W17400 APIGEE: PEOPLE MANAGEMENT PRACTICES AND THE CHALLENGE OF GROWTH Ranjeet Nambudiri, S. Ramnarayan, and Catherine Xavier wrote this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. This publication may not be...
QUESTION 1 ? What is the relationship between family dysfunction and schizophrenia? a. ?Research has substantiated...
QUESTION 1 ? What is the relationship between family dysfunction and schizophrenia? a. ?Research has substantiated a link between family dysfunction and schizophrenia but can't say which causes the other. b. ?Family dysfunction is a major causative factor for schizophrenia. c. ?Research has failed to substantiate a direct causal link between family dysfunction and schizophrenia. d. ?Family dysfunction plays a minor role in developing schizophrenia. 1.00000 points    QUESTION 2 ? Chuck has no life plan; he simply lives from...
What role could the governance of ethics have played if it had been in existence in...
What role could the governance of ethics have played if it had been in existence in the organization? Assess the leadership of Enron from an ethical perspective. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among the top Fortune 500 companies, collapsed in 2001 under a mountain of debt...
Discuss ethical issues that can be identified in this case and the mode of managing ethics...
Discuss ethical issues that can be identified in this case and the mode of managing ethics Enron finds itself in this case. How would you describe the ethical culture and levels of trust at Enron? Provide reasons for your assessment. THE FALL OF ENRON: A STAKEHOLDER FAILURE Once upon a time, there was a gleaming headquarters office tower in Houston, with a giant tilted "£"' in front, slowly revolving in the Texas sun. The Enron Corporation, which once ranked among...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary...
Please answer the following Case analysis questions 1-How is New Balance performing compared to its primary rivals? How will the acquisition of Reebok by Adidas impact the structure of the athletic shoe industry? Is this likely to be favorable or unfavorable for New Balance? 2- What issues does New Balance management need to address? 3-What recommendations would you make to New Balance Management? What does New Balance need to do to continue to be successful? Should management continue to invest...