Recall from Exercise S1 the travelers reporting the value of their lost souvenirs. Assume that a…

Recall from Exercise S1 the travelers reporting the value
of their lost souvenirs. Assume that a third traveler phenotype exists in the
population. The third traveler type is a mixer; she plays a mixed strategy,
sometimes reporting a value of $100 and sometimes reporting a value of $50.

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(a) Use your knowledge of mixed strategies in rationally
played games to posit a reasonable mixture for the mixer phenotype to use in
this game

(b) Draw the three-by-three payoff table for this game
when the mixer type uses the mixed strategy that you found in part (a).

(c) Determine whether the mixer phenotype is an ESS of
this game.

 

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