Two Players Are Engaged in a Game of "Chicken

question 3

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 3 if the other player Swerves and a payoff of -12 if the other player also chooses to Drive Straight.This game has two pure strategy equilibria and

• A)a mixed strategy equilibrium in which each player swerves with probability 0.80 and drives straight with probability 0.20.
• B)a mixed strategy equilibrium in which one player swerves with probability 0.80 and the other swerves with probability 0.20.
• C)a mixed strategy in which each player swerves with probability 0.40 and drives straight with probability 0.60.
• D)two mixed strategies in which players alternate between swerving and driving straight.
• E)no mixed strategies.

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Definitions:

Sign Language

A language that uses manual communication and body language instead of sound to convey meaning, used primarily by the deaf and hard of hearing.

Auditory Stimuli

Sounds that are perceived by the ear, ranging from simple tones to complex noises, which can influence psychological and physiological responses.

Syntactical Structure

The arrangement of words and phrases to create well-formed sentences in a language, following specific grammatical rules and patterns.

Whole Objects Words

Early language acquisition concept where children recognize and name whole objects rather than focusing on the individual properties or parts.