Two Players Are Engaged in a Game of "Chicken

question 14

Multiple Choice

Two players are engaged in a game of "chicken." There are two possible strategies, Swerve and Drive Straight.A player who chooses to Swerve is called "chicken" and gets a payoff of zero, regardless of what the other player does.A player who chooses to Drive Straight gets a payoff of 4 if the other player Swerves and a payoff of -36 if the other player also chooses to Drive Straight.This game has two pure strategy equilibria and

• A)a mixed strategy equilibrium in which one player swerves with probability 0.90 and the other swerves with probability 0.10.
• B)a mixed strategy in which each player swerves with probability 0.45 and drives straight with probability 0.55.
• C)a mixed strategy equilibrium in which each player swerves with probability 0.90 and drives straight with probability 0.10.
• D)two mixed strategies in which players alternate between swerving and driving straight.
• E)no mixed strategies.

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Definitions:

Graafian Follicle

The Graafian follicle is the mature ovarian follicle that releases the ovum during ovulation.

Ovarian Cortex

The outer layer of the ovary that contains the developing eggs or oocytes.

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Painful menstrual periods characterized by severe and frequent menstrual cramps.

Menstruation

The monthly shedding of the uterine lining in women and female mammals, usually accompanied by bleeding.