Bluffing Game
We will play the Bluffing Game next class. As preparation, please think about the game,
answer the questions on the opposite side, and turn in this sheet to the TA at the
beginning of next lecture.
Description of Bluffing Game
The game is a very simple sort of poker. Be prepared to play either role (A or B)
Both players put $100 (hypothetical money) into “the pot” before play begins
Player A receives a card. 1/3 of time it’s “Good Card”, 2/3 of time it’s “Bad Card”.
(Player B does not get a card.)
After getting the card, Player A can either bet $100 more (“Raise”) or Not
If Not Raise, game ends and Player A wins the pot (for net winning +100) if Good
Card and loses pot (for net –100) if Bad Card. This is a zero-sum game, so B loses
whatever A wins and vice versa.
If Raise, Player B either gives up (“Fold”) or puts in an extra $100 also (“Call”)
o If Fold, Player A wins the pot automatically (payoff +100)
o If Call, Player A wins the pot if Good Card (payoff +200) and loses the pot if
Bad Card (payoff -200)
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