Economic Analysis of Social Issues 1st Edition by Alan Grant

Exercise 10

Game M is a battle of the sexes game:
Game M.

For this game, do the following:
a. Find and circle the Nash equilibria in the game. There are two.
b. Indicate Penny's tough strategy.
c. Indicate Sheldon's tough strategy.
d. Change the payouts in one cell to turn it into a game of chicken.