Assume the Table Below Represents Two Contestants on a Game

question 6

Multiple Choice

Assume the table below represents two contestants on a game show who are allowed to push a blue button or a red button in the final round to determine the prize money they will each receive.What will be the result if both players follow their dominant strategies? Drake
$\begin{array}{cc|c|c|}&&blue&red\\\hline &blue&\text { D: } \$ 100,000 & \text { D: } \$ 200,000 \\&&\text { D: } \$ 200,000 & \text { P: } \$ 10,000 \\\hline peter&red& \text { D: } \$ 10,000 & \text { D: } \$ 15,000 \\&&\text { P: } \$ 150,000 & \text { P: } \$ 12,000 \\\hline\end{array}$

• A)Drake wins $100,000 and Peter wins $75,000.
• B)Drake wins $200,000 and Peter wins $10,000.
• C)Drake wins $10,000 and Peter wins $150,000.
• D)Drake wins $15,000 and Peter wins $12,000.
• E)There is no dominant strategy for this game.

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Definitions:

Moral Guide

A set of principles or values that influences an individual's choices and behaviors according to their sense of right and wrong.

Minimal Expectations

The lowest standard or level of anticipated performance or outcome in a given situation or from an entity.

Employment Discrimination

Refers to unfair or unequal treatment of an individual or group based on characteristics such as race, gender, age, or sexual orientation in the context of employment.

Human Resources

The department within an organization responsible for the management of employee-related matters including recruitment, training, and compliance.