Consider the following game between two players. Player 1 has two possible actions: $U$ or $D$. Player 2 has two possible actions: $L$ or $R$. They payoffs to each strategy profile are as follows: $\{U, L\}=\{3,4\},\{U, R\}=\{2,3\},\{D, L\}=\{4,4\}$, and $\{D, R\}=\{3,4\}$. Player 1 has a dominant strategy to play $D$ and Player 2 has a weakly dominant strategy to play L. Players 2 knows Player 1 will play $D$. Player 2 decides to play $R$ instead of $L$. Player 2 can best be described as

Question

Quizplus · Accepted Answer

Player 2 is selfish because they chose the action that maximized their own payoff, even though it meant that Player 1 would receive a lower payoff.

Consider the Following Game Between Two Players UUU Or DDD Player 2 Has Two Possible Actions

Consider the Following Game Between Two Players $U$ Or $D$ Player 2 Has Two Possible Actions