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

Question 25

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.The outcome of this game is ________ for Matthew and ________ for Dean,because ________. A)  1000;1000;the two individuals want to have the same payoff B)  500;1500;Matthew cannot trust Dean to choose the upper branch C)  1.5 million;1 million;the two individuals want to maximize their payoffs D)  400;1.5 million;Dean wants to take advantage of Matthew E)  0;0;the game will not be played 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.The outcome of this game is ________ for Matthew and ________ for Dean,because ________.


A) 1000;1000;the two individuals want to have the same payoff
B) 500;1500;Matthew cannot trust Dean to choose the upper branch
C) 1.5 million;1 million;the two individuals want to maximize their payoffs
D) 400;1.5 million;Dean wants to take advantage of Matthew
E) 0;0;the game will not be played

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