Multiple Choice
-Consider the game depicted in Figure 14.1, which summarizes the payoffs to a tortfeasor and an injured person resulting from an act of negligence. The Nash equilibrium strategy profile for this game is:
A) {Diligent, Diligent}.
B) {Diligent, Negligent}.
C) {Negligent, Diligent}.
D) {Negligent, Negligent}.
E) Answers b and c are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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