Refer to Figure a.Charlie and Joe both want to ride shotgun with their mother,so they play a game of rock-paper-scissors to determine who gets to sit in the front seat.In the table,-1 represents a loss,1 a win and 0 a tie,and Joe's payoff is shown in the upper left-hand corner of each cell,while Charlie's appears in the lower right-hand corner.What is the Nash equilibrium?
A) Charlie chooses rock, Joe chooses rock
B) Charlie chooses rock, Joe chooses paper
C) Charlie chooses paper, Joe chooses scissors
D) There is no Nash equilibrium.

Question

Refer to Figure a.Charlie and Joe both want to ride shotgun with their mother,so they play a game of rock-paper-scissors to determine who gets to sit in the front seat.In the table,-1 represents a loss,1 a win and 0 a tie,and Joe's payoff is shown in the upper left-hand corner of each cell,while Charlie's appears in the lower right-hand corner.What is the Nash equilibrium? 
A) Charlie chooses rock, Joe chooses rock 
B) Charlie chooses rock, Joe chooses paper 
C) Charlie chooses paper, Joe chooses scissors 
D) There is no Nash equilibrium.

Quizplus · Accepted Answer

The Answer of Refer to Figure a.Charlie and Joe both want to ride shotgun with their mother,so they play a game of rock-paper-scissors to determine who gets to sit in the front seat.In the table,-1 represents a loss,1 a win and 0 a tie,and Joe's payoff is shown in the upper left-hand corner of each cell,while Charlie's appears in the lower right-hand corner.What is the Nash equilibrium? 
A) Charlie chooses rock, Joe chooses rock 
B) Charlie chooses rock, Joe chooses paper 
C) Charlie chooses paper, Joe chooses scissors 
D) There is no Nash equilibrium.

Refer to Figure A