​Use the Following Case from Question

question 15

Multiple Choice

​Use the following case from question
Two street racers are playing a simultaneous game of chicken.They have to race towards each other and whoever swerves first is chicken and faces shame,a loss of 8,while the winner enjoys a gain of 3.If neither stop,they would crash into each other,a loss of 10.If both of them swerve at the same time,they are both chicken and face a loss of 5 each
-​What would the Nash equilibrium be in this game?

• A)​Neither of the players would stop
• B)Both of the players would stop
• C)Player A stops
• D)​Player B stops

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Definitions:

World War II

A global conflict that occurred from 1939 to 1945, involving most of the world's nations, including all the great powers, organized into two opposing military alliances.

Scientific Approach

A method of inquiry based on empirical or measurable evidence subject to the principles of reasoning, experimentation, and observation.

Human Subjectivity

The quality of experiences, thoughts, and feelings that are inherently personal and influenced by individual perceptions and emotions.

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