Multiple Choice
In the above decision tree,Matthew picks first and Dean picks second.Matthew and Dean both know the payoffs to each choice for both themselves and each other.
-Refer to the decision tree above.Suppose Dean promises Matthew that he will always select the upper branch at either Y or Z.Dean offers to sign a legally-binding contract that penalizes him if he fails to choose the upper branch at Y or Z.The penalty is $250.The outcome of the game is that
A) Matthew picks Z and Dean pays the fine.
B) Matthew picks Y and Dean does not pay the fine.
C) Matthew picks Z and Dean does not pay the fine.
D) Matthew picks Y and Dean pays the fine.
E) Matthew picks Z and Dean selects the upper branch.
Correct Answer:

Verified
Correct Answer:
Verified
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