All of the following are characteristics of a chicken game except
A) each player has a tough strategy and a weak strategy.
B) coordination occurs when both players either play their tough strategies or both players play their weak strategies.
C) each player prefers the Nash equilibrium corresponding to his or her tough strategy.
D) each player prefers a different Nash equilibrium.

Question

Quizplus · Accepted Answer

In a chicken game, coordination on both players playing their tough strategies or both playing their weak strategies is not a characteristic. Instead, the game typically involves a situation where each player wants to avoid the worst outcome (both playing their tough strategy leading to mutual harm) but also wants to avoid yielding (playing the weak strategy) if the other player is also yielding. The game is characterized by the tension between wanting to be tough if the other player is weak, and the risk associated with both players choosing their tough strategy.

All of the Following Are Characteristics of a Chicken Game