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    Mathematics
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    Game Theory in Business and Economics
  4. Exam
    Exam 14: Torts and Contracts
  5. Question
    -Consider the Game Depicted in Figure 14
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-Consider the Game Depicted in Figure 14

Question 32

Question 32

Multiple Choice

  -Consider the game depicted in Figure 14.3, 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.
-Consider the game depicted in Figure 14.3, 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.

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