(Scenario: Payoff Matrix) The payoff matrix shows outcomes of various strategies that a home and foreign country can follow to decide to regulate or not regulate pollution. The columns give Foreign's actions, and the rows give Home's actions. The values in the upper right-hand corner of each element give Foreign's net benefits; the values in the lower left-hand corner of each element give Home's net benefits. Net benefits are the environmental benefits from regulation minus the costs associated with installing pollution control equipment. 
Which of the following elements represents a Nash equilibrium?
Definitions:
Standard Error
A statistical measure that estimates the variability or precision of a sample mean compared to the true population mean.
Sampling Distribution
The distribution of a statistic calculated from multiple samples of a population.
Probability Distribution
A mathematical description of a random phenomenon in terms of the probabilities of events.
Finite Population Correction
A factor applied in sampling to adjust estimates when the sample is a significant portion of the population, improving accuracy.
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