Jessie and Sammy are playing a game in which each has two choices. Based on the following game table (where Jessie's payoffs are listed first in each outcome), the Nash equilibrium is

A) Heads, Heads = 10, 6
B) Tails, Heads = 12, 3
C) Heads, Tails = 8, 11
D) Tails, Tails = 5, 9

Question

Jessie and Sammy are playing a game in which each has two choices. Based on the following game table (where Jessie's payoffs are listed first in each outcome), the Nash equilibrium is

A) Heads, Heads = 10, 6 
B) Tails, Heads = 12, 3 
C) Heads, Tails = 8, 11 
D) Tails, Tails = 5, 9

Quizplus · Accepted Answer

The Answer of Jessie and Sammy are playing a game in which each has two choices. Based on the following game table (where Jessie's payoffs are listed first in each outcome), the Nash equilibrium is

A) Heads, Heads = 10, 6 
B) Tails, Heads = 12, 3 
C) Heads, Tails = 8, 11 
D) Tails, Tails = 5, 9

Jessie and Sammy Are Playing a Game in Which Each