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 | | A convenient way to describe the strategy spaces and payoff functions is to draw a matrix (this is harder with n-player games, of course), with each row corresponding to a strategy of player 1 and each column corresponding to a strategy of player 2. |
 | | A formal definition: A game in normal form (also called strategic form) consists of a set of players, {1,2,
,n}, strategy spaces for the players, S1, S2,
, Sn, and payoff functions for the players, u1, u2,
un. |
 | | However, when players make all of their decisions before observing what other players do (as in one-shot or static games, for example), there is no discrepancy between the extensive form and the normal form. |
| www.econ.ucsb.edu /~charness/econ171_winter2005/normal_form.doc (284 words) |
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