Consider the Matching Pennies Game: Suppose Player a Always

question 62

Multiple Choice

Consider the Matching Pennies game: Suppose Player A always uses a pure strategy that selects heads,and Player B always uses a pure strategy that selects tails.Is this outcome a Nash equilibrium?

• A)Yes,both players have no incentive to change their actions.
• B)No,Player A would want to switch to tails.
• C)No,Player B would want to switch to heads.
• D)No,Player B would want to switch to tails.

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Definitions:

Inequity

The state of being unfair or unequal, often in the context of rewards or treatment.

Equity Theory

A theory in social psychology that explains how individuals assess their own job inputs and outcomes in relation to others, aiming for fairness in exchange relationships.

Tension

The state of being stretched tight, which can refer to physical objects, mental states, or relationships between people or groups.

First-level Outcomes

The initial results or consequences that directly follow an action, event, or decision.