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Say whether each of the following is a rule, a strategy, or a payoff. [LO 9.1\(]\) a. In chess, when you capture your opponent's king, you win the game. b. In Monopoly, players frequently mortgage their existing properties to raise cash to buy new ones. c. In chess, the rook piece can move any number of spaces directly forward, backward, or to either side, but it cannot move diagonally. d. In rock-paper-scissors, you might always play rock.

Short Answer

Expert verified
a. Rule; b. Strategy; c. Rule; d. Strategy

Step by step solution

01

Understand the Concepts

Before deciding on the classification, it's important to understand the definitions: - A "rule" is something that dictates how the game is played or what is allowed, often establishing what okay and not within the framework. - A "strategy" refers to a plan or method to achieve a goal or enhance performance. - A "payoff" refers to the outcome or reward that results from a particular strategy or action.
02

Analyze Statement a

Statement: In chess, when you capture your opponent's king, you win the game. This describes the end condition of the game, which is a fundamental rule governing chess. Capturing the king dictates the conclusion of the game.
03

Analyze Statement b

Statement: In Monopoly, players frequently mortgage their existing properties to raise cash to buy new ones. This describes a strategy that players use to leverage their assets to gain more. Mortgaging properties for cash is a tactic to improve future potential moves.
04

Analyze Statement c

Statement: In chess, the rook piece can move any number of spaces directly forward, backward, or to either side, but it cannot move diagonally. This describes the movement capabilities of the rook, which is a rule of chess defining how chess pieces operate.
05

Analyze Statement d

Statement: In rock-paper-scissors, you might always play rock. This represents a strategy, as it describes a chosen plan of action (always playing rock) regardless of opponent moves.

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Rules in Games
When we talk about rules in games, we are referring to the foundation that sets up the entire structure of a game. Rules determine what actions are possible and permissible in a game. They guide players on how things should be conducted to ensure fair play.

In chess, for instance, one primary rule is that capturing your opponent's king results in winning the game. This is not just a guideline but a strict condition that defines the game's end result. Additionally, rules dictate how different pieces move, like the rook moving in straight lines but not diagonally. These constraints create the strategic environment in which all players operate.

In essence, rules are to games what laws are to societies. They establish boundaries and provide a consistent framework within which players can experiment and compete.
Strategy Planning
Strategy planning in games involves making calculated decisions to increase your chances of winning. Unlike rules, which are static, strategies are dynamic and evolve over the course of the game, depending on the players' actions and responses.
  • A player in Monopoly might choose to mortgage properties to raise cash. This strategy is aimed at strengthening their position by acquiring more assets, even if it involves taking calculated risks.
  • In rock-paper-scissors, a player might decide to always play rock. Though seemingly simple, this can be a strategy based on predicting an opponent's tendencies and adjusting one's actions accordingly.
Strategies are deeply personal and reflect a player's style and preferences. Good strategic planning often takes into account not only the player's current position but also potential future scenarios to navigate the game effectively.
Game Payoffs
The concept of game payoffs revolves around the outcomes or rewards that result from following certain strategies. Understanding game payoffs is crucial because players generally aim to maximize these outcomes.

In many games, the payoff can be as straightforward as winning or losing, such as capturing the king in chess, which provides the ultimate payoff of victory. In other games, payoffs might be more variable and complex.

In Monopoly, payoffs can come from different sources, such as earning money from opponents landing on your properties, or making strategic trades that strengthen your position. The payoff in "rock-paper-scissors" is a win, draw, or loss based on your choice versus your opponent’s. Payoffs are the final results that judges the effectiveness of a strategy. By aiming for high payoffs, players navigate their decisions and shape their game plan.

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Most popular questions from this chapter

Which of the following are examples of first-mover advantage? [LO 9.6] a. You make an offer on a house. The seller can only accept or reject the offer. b. You and your roommate are dividing chores. The chores are written on slips of paper and drawn from a hat. You get to draw first. c. You are first in line to buy a raffle ticket. d. You can take vacation whenever you like, as long as no other employees are also scheduled to take vacation. You submit your vacation requests first this year.

Which player is likely to have higher bargaining power: a large, established company shopping around for a new parts supplier, or a start-up company trying to sell its parts? Explain your answer. \([\mathrm{LO} 9.7]\)

In which of the following situations, \(a\) or \(b\), is a tit-for-tat strategy more likely to be successful at maintaining cooperation? [LO 9.3] a. An agreement of mutual support between players on a reality television show, in which the relatively worst-off player is eliminated every episode. b. A peace treaty between neighboring countries.

Which player is likely to have higher bargaining power: a city government responding to angry citizens' demands that the trash be collected regularly, or the sanitation workers' union? Explain your answer. [LO 9.7\(]\)

Sharon is going to an auction. Say whether each of the following is a rule, a strategy, or a payoff. \([\mathrm{LO} 9.1]\) a. Bids must increase in increments of \(\$ 20\). b. The highest bid wins the item being auctioned. c. Sharon waits until the bidding is just about to close before she enters a bid. d. The money raised from the auction goes to charity.

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