Use the following case from question
A shoplifter and a security guard are playing a simultaneous game.If the shoplifter steals and the security guard is vigilant,the shoplifter gets caught she suffers a loss of 20,and the security guard gets a bonus worth 15.If the shoplifter steals and the security guard is not vigilant,she does not get caught and gains 15 and the guard loses 5.If the shoplifter does not steal and the guard is vigilant,the guard loses 3 for the effort,while the shoplifter gains nothing and if the shoplifter does not steal and the guard is not vigilant,neither gain anything
-If the security guard knows that the shoplifter has been caught before,his best response would be
A)Being watchful
B)Sleeping on the job
C)Run
D)Hide

Question

​Use the following case from question
A shoplifter and a security guard are playing a simultaneous game.If the shoplifter steals and the security guard is vigilant,the shoplifter gets caught she suffers a loss of 20,and the security guard gets a bonus worth 15.If the shoplifter steals and the security guard is not vigilant,she does not get caught and gains 15 and the guard loses 5.If the shoplifter does not steal and the guard is vigilant,the guard loses 3 for the effort,while the shoplifter gains nothing and if the shoplifter does not steal and the guard is not vigilant,neither gain anything
-​If the security guard knows that the shoplifter has been caught before,his best response would be
A)​Being watchful
B)Sleeping on the job
C)Run
D)​Hide

Quizplus · Accepted Answer

Since the security guard knows that the shoplifter has been caught before, it is safe to assume that the shoplifter is more likely to steal again. Therefore, being watchful is the guard's best response to minimize the risk of the shoplifter stealing and causing a loss to the store.

​Use the Following Case from Question

Use the Following Case from Question