-Refer to Figure 2.15, which represents a simultaneous-move, noncooperative, one-time game in which larger payoffs are preferred. If both players adopt a minimax regret decision rule, the resulting strategy profile for this game is:
A) {A1, B1}.
B) {A1, B2}.
C) {A2, B1}.
D) {A2, B2}.

Question

-Refer to Figure 2.15, which represents a simultaneous-move, noncooperative, one-time game in which larger payoffs are preferred. If both players adopt a minimax regret decision rule, the resulting strategy profile for this game is:
A) {A1, B1}. 
B) {A1, B2}. 
C) {A2, B1}. 
D) {A2, B2}.

Quizplus · Accepted Answer

The minimax regret decision rule for player A is to choose A1, which has a maximum regret of 0. The minimax regret decision rule for player B is to choose B1, which has a maximum regret of 0. Therefore, the resulting strategy profile is {A1, B1}.