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thanks for your help! lProbIem 6 [10 Points} Two cars are meeting at an intersection and want to proceed as indicated by the arrows in

thanks for your help!

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lProbIem 6 [10 Points} Two cars are meeting at an intersection and want to proceed as indicated by the arrows in the Figure below. Each player can proceed or move. If both proceed, there is an accident. A would have a payoff of 100 in this case, and B a payoff of 1000 (since B would be made responsible for the accident, since A has the right of way). If one yields and the other proceeds, the one yielding has a payoff of 5, and the other one of 5. If both Lid, it takes a little longer until they can proceed, so both have a payoff of 10. Solve the game in its strategic form. Remember to draw the payoff matrix and follow procedure discussed in class to solve the problem. I: l:l B ED

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