The Following Payoff Matrix Represents a Simultaneous-Move Game Between Two

question 142

Multiple Choice

The following payoff matrix represents a simultaneous-move game between two players: John and Trevor. Each player has to choices: Black or White. The first number in each cell is the payoff to John, and the second number is the payoff to Trevor.

-Refer to the table above.What is the equilibrium of this game?

• A) John and Trevor both choose Red.
• B) John and Trevor both choose Yellow.
• C) John chooses Red and Trevor chooses Yellow.
• D) There is no dominant strategy equilibrium in this game.

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Definitions:

Sensing What Others Need

The ability to intuitively understand and respond to the unexpressed wants or needs of others.

Cognitive

Pertaining to the mental processes involved in acquiring knowledge and understanding through thought, experience, and the senses.

Affective

Relating to moods, feelings, and attitudes; typically describes phenomena that influence emotions.

Behavioral

Pertaining to the actions or reactions of a person or animal in response to external or internal stimuli.