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Consider two Pistachio farmers sharing water from an aquifer. Numbers show profits this year based on the decision to conserve water or to not conserve
Consider two Pistachio farmers sharing water from an aquifer. Numbers show profits this year based on the decision to conserve water or to not conserve water. Is there a dominant-dominant strategy equilibrium? Marley Conserve Don't Conserve B +10 M B +1 M+ Bob Conserve +12 40 B +30 B + 5 M + Don't Conserve M +2 5 O Yes, Bob Conserves but Marley does not Yes, neither party Conserves water O No, there is no dominant-dominant strategy Yes, Marley Conserves but Bob does not
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