Scenario: to Win Candy Bars, Tom and Sam Are Playing

question 183

Multiple Choice

Scenario: To win candy bars, Tom and Sam are playing a game in which they are blindfolded and are asked to raise either their right hand or their left hand when a bell rings. The matrix below shows their payoffs in different situations. Payoff here denotes the number of candy bars they get. The first number listed in each cell is the payoff to the row player, and the second number listed is the payoff to the column player.

-Refer to the scenario above.Which of the following is true?

• A) This game does not have a dominant strategy equilibrium.
• B) This game does not have a Nash equilibrium.
• C) This game has two Nash equilibria.
• D) This game has a unique Nash equilibrium.

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Definitions:

Classical Conditioning

Classical conditioning is a learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus, leading to a learned response.

Balloons

Flexible bags that can be inflated with a gas, such as helium, hydrogen, nitrous oxide, or air, and used for decorative, entertainment, or observational purposes.

Classical Conditioning

A technique of learning where repetitive association of two stimuli leads to a response that, while initially induced by the second stimulus, is eventually induced by the first stimulus alone.

Rescorla

Refers to Robert A. Rescorla, a psychologist known for his work on the theory of conditioning and learning.