Consider to the accompanying payoff matrix.
If player A makes his or her choice before player B, then what will be the equilibrium outcome of this game?
A)Player A and player B both get 60.
B)Player A and player B both get 50.
C)Player A gets 5 and player B gets 70.
D)Player A gets 70 and player B gets 5.

Question

Consider to the accompanying payoff matrix.   
 If player A makes his or her choice before player B, then what will be the equilibrium outcome of this game?
A)Player A and player B both get 60. 
B)Player A and player B both get 50. 
C)Player A gets 5 and player B gets 70. 
D)Player A gets 70 and player B gets 5.

Quizplus · Accepted Answer

Player A knows that Player B will play Left when it is player B's turn because Left is player B's dominant strategy. Knowing this, player A will play Up when it is his or her turn. Thus, both players will have a payoff of 60.

Consider to the Accompanying Payoff Matrix