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​Use the Following Case from Question

question 32

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​Use the following case from question
Two ice cream trucks A&B are playing a simultaneous pricing game.If one of them prices low,he gets all the customers,a payoff of 12,while other gets zero.If both price high they each get a payoff of 6 and if both price low,they get a payoff of 5.
-​Does the Nash equilibrium yield maximum profit?


Definitions:

Kraiger

A reference to Kurt Kraiger, a psychologist known for his work on training effectiveness and evaluation.

Cognitive Outcomes

The results of intellectual processes, including learning, understanding, and applying knowledge and skills.

Skill-Based Outcomes

The specific skills and abilities that participants are expected to acquire as a result of participating in a training program or educational course.

Affective Outcomes

Results relating to changes in feelings, attitudes, or emotional areas of an individual after undergoing a training or learning process.

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