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Consider the u shot game: It's flu season. and two roomates must decide on whether or not to get a u shot. which costs too
Consider the u shot game: It's flu season. and two roomates must decide on whether or not to get a u shot. which costs too dolers. Let S>O represent the benet ol not getting sick. and -5 represent the cost of getting sick. Now. if neither roomnte pays for the shot. they both get sick. However. it either of the roomates buy the shot~ neither 0! them get: sick. Suppose that S>K (so that the benet of not getting sick is greater than the cost 0! the shot). and write the game in payoff metrixfteble form' Which inege Phyerz Phyerl Shot Phyerl Shot Player 1 Player 1 Shot No Shot Shot Considering the flu shot game above, what is Player 1's best response when Player 2 chooses to not get the shot? O Get the shot. O Not get the shot Both get the shot and not get the shot. O Neither get the shot or get the shot. Considering the flu shot game above, what are the Nash equilibria in this game? O Both (P1=Shot, P2=Shot) and (P1=No shot, P2=No shot) O Only (P1=Shot, P2=No shot) O Both (P1=Shot, P2=No shot) and (P1=No shot, P2=shot) O Only (P1=No shot, P2=shot) Considering the flu shot game above. which statement best describes the implications of the Nash equilibria in this game? O Nobody will get shots, and society will be better off. Everybody will get shots, and society will be better off. Everybody will get shots. and society will be worse off. Some people will get shots, while others don't, because of a "free rider effect"
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