Hawk-Dove
Two animals contest a resource worth V = 2. Hawks fight: against a Dove they take everything, but two Hawks fight at cost C = 4, for expected payoff (V − C)/2 each. Doves split the resource peacefully and flee from Hawks. In the evolutionarily stable strategy, with what probability is Hawk played? Express as a fraction.
Related problems & prerequisites
Worth solving first
- The Rational Ultimatum 6.0/10
- Matching Pennies 6.0/10
- Bertrand Competition 6.0/10
Source: Introduced by John Maynard Smith and George Price, 'The Logic of Animal Conflict' (1973). Statement written for AxiomIQ.