Solved

Consider the Following Payoff Matrix Facing Harry and Sally When \quad

Question 52

Multiple Choice

Consider the following payoff matrix facing Harry and Sally when each chooses to go to the coffee shop listed. Harry wants to avoid Sally at the coffee shop and is not happy when Sally ends up in the same shop he chooses. Sally would like to see Harry, and so she is not happy when Harry ends up in a different coffee shop. \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad  Haryy \text { Haryy }
 Starbucks  Dunkin Donuts  Sally  Starbucks  H: 1, S:1 H: 1, S:1 Dunkin Donuts  H: 1, S:1 H: 1, S:1\begin{array}{|l|l|l|l|}\hline & & {\text { Starbucks }} & {\text { Dunkin Donuts }} \\\hline \text { Sally } & \text { Starbucks } & \text { H: }-1, \mathrm{~S}: 1 & \text { H: } 1, \mathrm{~S}:-1 \\\hline & \text { Dunkin Donuts } & \text { H: } 1, \mathrm{~S}:-1 & \text { H: }-1, \mathrm{~S}: 1 \\\hline\end{array}
Given this payoff:


A) Harry has a dominant strategy but Sally does not.
B) Sally has a dominant strategy but Harry does not.
C) both Harry and Sally have dominant strategies.
D) neither Harry nor Sally has a dominant strategy.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents