Which of the Following Represents a Nash Equilibrium in the Hawk-Dove

question 42

Multiple Choice

Which of the following represents a Nash equilibrium in the hawk-dove game? Assume that the cost of a fight is greater than the benefit of the resource that is being fought over.

• A) Both players always play dove.
• B) Both players always play hawk.
• C) Player 1 always plays hawk, player 2 always plays dove; both players know each other's role (player 1 or player 2) before the encounter.
• D) Player 1 always plays hawk, while player 2 plays hawk some of the time and dove some of the time.

---

Definitions:

Straight-Line Depreciation

A strategy for apportioning an asset’s price equally over the duration of its usability.

Fiscal Year-End

The completion of a one-year, or 12-month, accounting period, used by governments and businesses for financial reporting and budgeting, which may or may not align with the calendar year.

Quarter Income Statement

A financial report that summarizes the revenues, expenses, and profits or losses of a company over a three-month period.

Impairment Test

An examination to determine if an asset's carrying value exceeds its recoverable amount, indicating if the asset is impaired.