Scenario 13.12
Consider the game below:
-Playing the game in Scenario 13.12 by using a maximin strategy would:
A) not change the equilibrium from the equilibrium of the original game.
B) change the equilibrium to (R1,C2).
C) change the equilibrium to (R2,C1) if R moved first.
D) change the equilibrium to (R2,C1) if C moved first.
E) change the equilibrium to (R2,C2).

Question

Scenario 13.12
Consider the game below: 
-Playing the game in Scenario 13.12 by using a maximin strategy would:
A) not change the equilibrium from the equilibrium of the original game. 
B) change the equilibrium to (R1,C2). 
C) change the equilibrium to (R2,C1) if R moved first. 
D) change the equilibrium to (R2,C1) if C moved first. 
E) change the equilibrium to (R2,C2).

Quizplus · Accepted Answer

The maximin strategy involves choosing the action that maximizes the minimum payoff achievable. This strategy does not necessarily change the equilibrium of a game, as the equilibrium is determined by the strategies that both players will choose, assuming rationality and knowledge of the other's strategy. Without specific details of Scenario 13.12, we can infer that using a maximin strategy would not alter the game's equilibrium if that equilibrium is already the outcome of rational, strategic choices by both players.

Scenario 13.12 Consider the Game Below