Suppose That in a Hawk-Dove Game Similar to the One

question 5

Multiple Choice

Suppose that in a Hawk-Dove game similar to the one discussed in your workbook, the payoff to each player is -6 if both play Hawk.If both play Dove, the payoff to each player is 4, and if one plays Hawk and the other plays Dove, the one that plays Hawk gets a payoff of 6 and the one that plays Dove gets 0.In equilibrium, we would expect hawks and doves to do equally well.This happens when the proportion of the total population that plays Hawk is

• A).25.
• B).63.
• C).06.
• D).13.
• E)1.

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Definitions:

Dominant Strategies

In game theory, strategies that yield the best payoff for a player, no matter what the other players do.

Caffeine

A stimulant found in coffee, tea, and various other plant-based substances, known for its ability to temporarily ward off drowsiness and restore alertness.

Pollute

The introduction of contaminants into the natural environment that cause adverse change, harming living organisms and the environment.

Mixed Strategy

A strategic decision in game theory where players randomize their actions to keep opponents unsure of their intensions.