Question
Dwight is Jim's partner. Michael assigns Jim and Dwight to work on a joint project, which can be described as a simultaneous move game with
Dwight is Jim's partner. Michael assigns Jim and Dwight to work on a joint project, which can be described as a simultaneous move game with the following payoffs: Jim Work Hard Shirk Sabotage Dwight Work Hard 10, 12 10,20 -20, 15 Shirk 20, -5 0,0 25, -15 Sabotage 8, -30 -15, 30 -10, -10 Find the Nash equilibrium of this game. (1.5 marks) 2) Imagine your washing machine is broken, and you want to buy a brand new one.
a) Search online and make a (random) list with ten washing machine models. (1 mark)
b) What are the attributes of a washing machine that are most important to you? Describe your utility function
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