Consider a Version of the Tragedy of the Commons in Which

question 7

Multiple Choice

Consider a version of the Tragedy of the Commons in which herder 1 and 2 simultaneously choose to graze quantities of sheep $q _ { 1 }$ and $q 2$ ,respectively,and in which the payoff functions are $q _ { 1 } \left( 100 - q _ { 1 } - q _ { 2 } \right)$ for 1 and $q _ { 2 } \left( 100 - q _ { 1 } - q _ { 2 } \right)$ for 2.The Nash equilibrium is $q _ { 1 } ^ { * } = q _ { 2 } ^ { * } =$

• A)100.
• B)60.
• C)40.
• D)33.3.

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