Alice and Betsy Are Playing a Game in Which Each

question 20

Multiple Choice

Alice and Betsy are playing a game in which each can play either of two strategies, leave or stay.If both play the strategy leave, then each gets a payoff of $200.If both play the strategy stay, then each gets a payoff of $800.If one plays stay and the other plays leave, then the one who plays stay gets a payoff of $C and the one who plays leave gets a payoff of $D.When is the outcome where both play leave a Nash equilibrium?

• A)When D > C and C > $200.
• B)Never, since $800 > $200.
• C)Whenever D < $800.
• D)When $200 > C and D > $800 but not when $800 > D.
• E)Whenever $200 > C.

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Definitions:

Intellectual Disability

A condition characterized by significant limitations in both intellectual functioning and in adaptive behavior, which covers a range of everyday social and practical skills.

Adult Supervision

The oversight provided by an adult, ensuring safety and guidance for children or those who cannot care for themselves.

Intrapersonal Intelligence

One of the multiple intelligences proposed by Howard Gardner, referring to the ability to understand one’s own emotions, motivations, and thoughts.

Multiple Intelligences

A theory that suggests humans have various types of intelligences, such as linguistic, logical-mathematical, musical, and spatial, each independent and distinct from the others.