Big Pig and Little Pig Have Two Possible Strategies, Press

question 6

Multiple Choice

Big Pig and Little Pig have two possible strategies, Press the Button, and Wait at the Trough.If both pigs choose Wait, both get 1.If both pigs Press the Button, then Big Pig gets 6 and Little Pig gets 4.If Little Pig Presses the Button and Big Pig Waits at the Trough, then Big Pig gets 10 and Little Pig gets 0.Finally, if Big Pig Presses the Button and Little Pig Waits, then Big Pig gets 6 and Little Pig gets 2.In Nash equilibrium,

• A)Little Pig will get a payoff of 4 and Big Pig will get a payoff of 6.
• B)Little Pig will get a payoff of 2 and Big Pig will get a payoff of 6.
• C)both pigs will wait at the trough.
• D)Little Pig will get a payoff of zero.
• E)the pigs must be using mixed strategies.

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Definitions:

Preconscious

A part of the mind containing thoughts and feelings that are not currently in consciousness but can easily be brought to consciousness.

Unsettling Thoughts

Thoughts that cause unease, discomfort, or anxiety, often reflective of internal conflicts or external stressors.

Conscious Awareness

The state or quality of being aware of an external object or something within oneself, marked by mental focus and self-awareness.

Repressed

The unconscious exclusion of painful or unwanted thoughts, feelings, or memories from conscious awareness.