Hi. I've been having some problems with this question.
The game begins with n people on an island. The people are numbered 1 through n. Each day, the remaining islanders vote on whether the remaining islander with the highest number can stay on the island. If half or more of them say the person with the highest number must leave, then that person leaves the island and the game continues. Otherwise, the game ends and the remaining islanders split a million dollars equally. Assume the islanders act independently, are perfectly rational, and will vote in whatever way will give them the most money at the end. How low will the game last and how many people will remain on the island at the end?"
I've figured quite a bit of it out but I'm having trouble finishing the problem. Any help would be great, thanks.
The game begins with n people on an island. The people are numbered 1 through n. Each day, the remaining islanders vote on whether the remaining islander with the highest number can stay on the island. If half or more of them say the person with the highest number must leave, then that person leaves the island and the game continues. Otherwise, the game ends and the remaining islanders split a million dollars equally. Assume the islanders act independently, are perfectly rational, and will vote in whatever way will give them the most money at the end. How low will the game last and how many people will remain on the island at the end?"
I've figured quite a bit of it out but I'm having trouble finishing the problem. Any help would be great, thanks.