Business, 19.04.2021 15:20 sk9600930

Suppose Antonio and Caroline are playing a game in which both must simultaneously choose the action Left or Right. The payoff matrix that follows shows the payoff each person will earn as a function of both of their choices. For example, the lower-right cell shows that if Antonio chooses Right and Caroline chooses Right, Antonio will receive a payoff of 4 and Caroline will receive a payoff of 6. Caroline
Left Right
Antonio Left 2, 3 2,4
Right 3,7 4,6

The only dominant strategy in this game is for to choose . The outcome reflecting the unique Nash equilibrium in this game is as follows: Antonio chooses and Caroline chooses .

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 23:00

The company financial officer was interested in the average cost of pcs that had been purchased in the past six months. she took a random sample of the price of 10 computers, with the following results. $3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000 what is the iqr?

Answers: 2

Answer

Business, 22.06.2019 01:10

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

Answers: 3

Answer

Business, 22.06.2019 21:20

White truffles are a very prized and rare edible fungus that grow naturally in the countryside near alba, italy. suppose that it costs $200 per day to search for white truffles. on an average day, the total number of white truffles (t) found in alba is t = 20x − x 2 , where x is the number of people searching for white truffles on that day. white truffles can be sold for $100 each. if there is no regulation, how many more people will be searching for white truffles than the socially optimal number?

Answers: 1

Answer

Business, 22.06.2019 23:30

Sally mitchell works as a manager at an environmental organization. she is currently working on a global warming project and decides which tasks related to creating awareness about the issue need to be done. in addition, she is also deciding which members of her team will work on engaging with the public and which will work on lobbying with the government. she is also assigning people as team members to ensure that tasks are undertaken on time. which of the following categories of functions is mitchell undertaking? envisioning organizing controlling planning

Answers: 1

Answer

You know the right answer?

Suppose Antonio and Caroline are playing a game in which both must simultaneously choose the action...

Questions

Business, 21.12.2020 17:30

Food Chain, Inc. common stock recently paid a dividend of $2.60. The firm typicallypays out 50% of its earnings as dividends and retains the rest for...