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Question 2. Two hunters form a group. Each hunter has two options: hunt a stag or catch a hare. If both hunters hunt the stag,

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Question 2. Two hunters form a group. Each hunter has two options: hunt a stag or catch a hare. If both hunters hunt the stag, they catch it and. share it equally; if either of them catch a hare, the stag escapes. In this case, the hare belongs to the defecting hunter atone, and the other hunter gains nothing. Each hunter prefers an equal share of the stag to a hare. Let the payoff of catching a stag and sharing it be 5 for each hunter, and let the payoff of catching a hare alone be 2. 2a.. Describe the set of players, the strategy set for each player, and the payoff functions. 2b. Draw the game in matrix form. 20. What do you expect to happen in this game, and why

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