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question 38. The following payoff matrix depicts a game between two hunters. Each hunter can hunt either a stag or a hare. Stags have more

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38. The following payoff matrix depicts a game between two hunters. Each hunter can hunt either a stag or a hare. Stags have more calories, and are therefore worth more, but stags require two hunters in order to be successfully killed. Hares, however, only require a single hunter in order to be killed and eaten. Figure 1: The Stag Hunt Hunter 2 Stag Hare Hunter 1 Stag 3, 3 0, 1 Hare 1, 0 Number left ( right) of comma refers to 1's (2's) payoff What is this game's Nash equilibrium? (A) (Stag, Hare) and (Hare, Stag) (B) (Stag, Stag) (C) (Hare, Hare) (D) Both B and C. W X P JN SC o IT X MacBook Air F6 44 F7 DII F8 F9 % & O

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