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Consider the following simultaneous game between Kenny and Lucille: Lucille Kenny C D A 5,2 3, 1 B 4 4 2,3 This question is worth
Consider the following simultaneous game between Kenny and Lucille: Lucille Kenny C D A 5,2 3, 1 B 4 4 2,3 This question is worth 6 points and there are 3 correct answers. You should select ALL 3 answers if you know them but you can select only 1 or 2 answers if you are not sure of ALL of the correct answers. You receive 2 points for each correct answer but lose 2 points for an incorrect answer. You should choose ALL 3 of the correct answers if you know them but it is probably not a good idea to guess at an answer unless you are pretty sure. For example, if you select 2 correct answers and 1 incorrect answer you would receive 4-2 = 2 points for the guestion. You cannot receive less than O points on the guestion; for example if you select 1 correct answer and 2 incorrect answers you would receive 2-4=0 points for the guestion. A little game theory for the game theory questions. Choose ALL of the correct answers. 2 points for a correct answer, 2 points for an incorrect answer. Choose ALL of the correct answers. 2 points for a correct answer, 2 points for an incorrect answer. (] The pure strategy Nash equilibrium solution to this game is: A, C (] The pure strategy Nash equilibrium solution to this game is A, D (] The pure strategy Nash equilibrium solution to this game is B, C (] The pure strategy Nash equilibrium solution to this game is: B, D ()] Who has an incentive to make a strategic move in this game? Kenny (] Who has an incentive to make a strategic move in this game? Lucille (7] Who has an incentive to make a strategic move in this game? Both Kenny and Lucille (] Which of the following strategic moves has the best chance of working for Lucille? Kenny, if you choose A | threaten to choose C (] Which of the following strategic moves has the best chance of working for Lucille? Kenny, if you choose A | threaten to choose D Which of the following strategic moves has the best chance of working for Lucille? Kenny, if you choose A | promise to choose C (] Which of the following strategic moves has the best chance of working for Lucille? Kenny, if you choose A | promise to choose B
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