-Which of the Following Are Nash Equilibrium Payoffs in the One-Shot

question 121

Multiple Choice

-Which of the following are Nash equilibrium payoffs in the one-shot game?

• A)(0, 0).
• B)(5, -5).
• C)(-5, 5).
• D)(10, 10).

---

Definitions:

Pre-existing Duty

A legal concept where a party's promise to perform a duty that is already owed under the law or under a pre-existing contract is not considered sufficient consideration for a new contract.

Statute of Limitations

Laws setting the maximum period one can wait before filing a lawsuit, depending on the type of claim or crime.

Unilateral Contract

A contract in which only one party makes a promise or undertakes a performance, while the other party must act to trigger the obligation.

Legally Sufficient Consideration

Value that the law recognizes as adequate to support a contract, ensuring that each party agrees to give or do something of value.