Table 17-19

question 230

Multiple Choice

Table 17-19.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 17-19.How many Nash equilibria are there in this Chicken game?

• A) 0
• B) 1
• C) 2
• D) 3

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Definitions:

Least Advantaged

Individuals or groups who have the least resources, opportunities, and social advantages in a society.

Morality

Principles concerning the distinction between right and wrong or good and bad behavior.

Kantian Principle

Ethical principles derived from the philosophy of Immanuel Kant, emphasizing the importance of intention, duty, and the categorical imperative.

Difference Principle

A concept from political philosophy suggesting that inequalities in society are only justifiable if they benefit the least advantaged members.