Table 16-18 The Chicken Game Is Named for a Contest in Which

question 74

Multiple Choice

Table 16-18
The Chicken Game is named for a contest in which drivers test their courage by driving straight at each other. John and Paul have a common interest to avoid crashing into each other, but they also have a personal, competing interest to not turn first to demonstrate their courage to those observing the contest. The payoff table for this situation is provided below. The payoffs are shown as (John, Paul) .

-Refer to Table 16-18.How many Nash equilibria are there in this Chicken game?

• A)0
• B)1
• C)2

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Definitions:

Medial Prefrontal Cortex

A region of the frontal lobe involved in decision-making, social cognition, and self-referential thought processes.

Ventromedial Prefrontal Cortex

A region of the brain located in the prefrontal cortex, associated with processing risk and fear, as well as decision-making and emotional regulation.

Cerebellum

Part of the brain at the back of the skull that is responsible for body movements, balance, and coordination.

Amygdala

A part of the brain's limbic system involved in processing emotions, such as fear and pleasure.