Clearly explain the situation that you model as a strategic game.

Choose a situation (or possibly multiple situations) from real-life or fiction and model the situation as a strategic game. You could choose a situation from a historical event, from a current event, or from a situation in your life. Alternatively, you could choose an event from fiction, such as from a movie, television show, or book. You should include the following:1. Clearly explain the situation that you model as a strategic game.2. Model the situation with a strategic game (or several strategic games). You may want to use sequential games or simultaneous games (or a combination of both).3. Analyze the strategic game, i.e., find equilibria. (What is the appropriate equilibrium concept for this game? How do you find it? What are the outcome and the payoffs of the players?)4. How does your analysis compare with what actually happened? (If the equilibrium you found in part 3 different than what actually happened, then you may want to go back to step 2 and create additional models.