Alice and Betsy Are Playing a Game in Which Each

question 7

Multiple Choice

Alice and Betsy are playing a game in which each can play either of two strategies, leave or stay.If both play the strategy leave, then each gets a payoff of $100.If both play the strategy stay, then each gets a payoff of $400.If one plays stay and the other plays leave, then the one who plays stay gets a payoff of $C and the one who plays leave gets a payoff of $D.When is the outcome where both play leave a Nash equilibrium?

• A)Never, since $400 > $100.
• B)Whenever D < $400.
• C)When D > C and C > $100.
• D)When $100 > C and D > $400 but not when $400 > D.
• E)Whenever $100 > C.

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Definitions:

Lifestream

A digital representation of one's life activities and interests, often compiled through social media posts, blogs, and online interactions.

Digital Identity

The online presence and personal information of an individual or organization across digital platforms and how they are perceived.

Social Footprint

A measure of the impact that a person or organization has on society through their social media presence and activities.

Psychographic

Pertaining to the study and classification of people according to their attitudes, aspirations, and other psychological criteria, especially in market research.