Explain clearly - using a numerical example in each case - the difference between (1) a prisoner's dilemma game; (2) a stag-hunt type coordination game and (3) a pure coordination game such as the battle-of-the-sexes. If your numerical examples are correct then that should provide most of the answer. I want you to briefly elaborate on how the equilibrium/equilibria in these games might differ and in what sense.

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The Answer of Explain clearly - using a numerical example in each case - the difference between (1) a prisoner's dilemma game; (2) a stag-hunt type coordination game and (3) a pure coordination game such as the battle-of-the-sexes. If your numerical examples are correct then that should provide most of the answer. I want you to briefly elaborate on how the equilibrium/equilibria in these games might differ and in what sense.

Explain Clearly - Using a Numerical Example in Each Case