Tracy and Amy Are Playing a Game in Which Tracy

question 127

Multiple Choice

Tracy and Amy are playing a game in which Tracy has the first move at X in the decision tree shown below. Once Tracy has chosen either the top or bottom branch at X, Amy, who can see what Tracy has chosen, must choose the top or bottom branch at Y or Z. Both players know the payoffs at the end of each branch. If before Tracy chose, Amy could make a credible commitment to choose either the top or bottom branch when her turn came, then Amy would commit to the ______ branch and Tracy would choose the ______ branch.

• A)top; top
• B)bottom; bottom
• C)top; bottom
• D)bottom; top

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Definitions:

Maturation

The process of development in which an individual or organism grows and changes over time, often achieving a state of full or maximum development.

Cognition

The brain's process of absorbing knowledge and achieving understanding through thought experiments, real-life experiences, and sense perception.

Communicating

The process of conveying information or expressing ideas and feelings to others through verbal, non-verbal, written, or digital means.

Mental Activities

Tasks and processes that involve the mind, such as thinking, reasoning, remembering, and imagining.