Scenario: Jim and Janis Must Complete a Task Together at Their

question 175

Multiple Choice

Scenario: Jim and Janis must complete a task together at their job. Jim can put no effort, low effort, or high effort into the job, while Janis, being more conscientious than Jim, has choice of low effort or high effort. Their compensation, summarized in the payoff matrix below (in thousands of dollars) , depends on the quality of their work, which in turn depends on the efforts they put into the task. The first number in each cell is Jim's payoff, and the second number is Janis' payoff.

-Refer to the scenario above.If a < 3,then ________ form a Nash equilibrium.

• A) low efforts by both workers
• B) high efforts by both workers
• C) low effort by Jim and high effort by Janis
• D) high effort by Jim and low effort by Janis

---

Definitions:

Conformity

Adjusting one's behavior or thinking to match those of other people or a group standard.

Asian Countries

Nations located on the continent of Asia, including, but not limited to, China, India, Japan, and South Korea.

United States

A country in North America consisting of 50 states and a federal district, known for its significant cultural and economic influence globally.

Group Size

A factor that affects the dynamics and outcomes of social interactions, influencing behavior, communication, and cohesion within groups.