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3. Symbolic gestures like bowing or apologizing can cause a shift from one equilibrium to another. For instance, an apology might lead the involved parties

3. Symbolic gestures like bowing or apologizing can cause a \shift" from one equilibrium

to another. For instance, an apology might lead the involved parties to expect that the

person who transgressed does not have the ight? to commit similar transgressions in

the future with impunity. In what sense is this expectation \self fullling"? Explain

using the hawk-dove game, and make reference to \uncorrelated asymmetries".

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