Solved

In the Above Decision Tree,Matthew Picks First and Dean Picks

Question 20

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.In this game,Matthew is the remote owner of an office that is managed by Dean,and Dean promises to always choose the upper branch at Y or Z in order to maximize Matthew's payoff. -Refer to the above decision tree.Suppose that the society in which Matthew and Dean live is one in which some citizens behave dishonestly.One can predict that Matthew will pick ________ because ________. A)  Y;it provides higher payoffs than Z B)  Y;he knows that Dean will pick the upper branch C)  Y;he knows that Dean will pick the lower branch D)  Z;he knows that Dean will pick the upper branch E)  Z;he knows that Dean will pick the lower branch 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.In this game,Matthew is the remote owner of an office that is managed by Dean,and Dean promises to always choose the upper branch at Y or Z in order to maximize Matthew's payoff.
-Refer to the above decision tree.Suppose that the society in which Matthew and Dean live is one in which some citizens behave dishonestly.One can predict that Matthew will pick ________ because ________.


A) Y;it provides higher payoffs than Z
B) Y;he knows that Dean will pick the upper branch
C) Y;he knows that Dean will pick the lower branch
D) Z;he knows that Dean will pick the upper branch
E) Z;he knows that Dean will pick the lower branch

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions