Multiple Choice
Lee and Cody are playing a game in which Lee has the first move at A in the decision tree shown below. Once Lee has chosen either aggression or cooperation, Cody, who can see what Lee has chosen, must choose either aggression or cooperation at B or C. Both players know the payoffs at the end of each branch. In the equilibrium of this game, Lee chooses ______, and then Cody chooses ______.
A) aggression; aggression
B) aggression; cooperation
C) cooperation; aggression
D) cooperation; cooperation
Correct Answer:

Verified
Correct Answer:
Verified
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