-Consider the Noncooperative, Static Game Depicted in Figure 3

Multiple Choice

-Consider the noncooperative, static game depicted in Figure 3.1. Two hunters are stalking bear or raccoon. Each could hunt raccoon alone, or they can coordinate their efforts and hunt bear. Sharing a bear is preferred to sharing a raccoon. The payoffs in this game are measured in units of satisfaction. If larger payoffs are preferred, the Nash equilibrium strategy profile for this game is:
I. {Bear, Bear}.
II. {Raccoon, Raccoon}.
III. {Bear, Raccoon}.
IV. {Raccoon, Bear}.
Which of the following is correct?

A) I only.
B) II only.
C) III or IV only.
D) III and IV only.
E) I and II only.