Suppose Jim and Celia,a married couple,are trying to decide what to do on a Friday.Jim would prefer to see Rambo X while Celia would prefer to see Das Auto,an arty foreign film.Both films are showing at the local Megaplex.The joy they receive from the films and seeing them together,or separately,is shown in the payoff matrix.Both Jim and Celia know the information contained in the payoff matrix.They purchase their tickets simultaneously,ignorant of the other's choice.
-Refer to the payoff matrix above.By letting either Jim or Celia buy a ticket first,the game is now
A) a prisoner's dilemma.
B) no longer a prisoner's dilemma.
C) unfair.
D) without an equilibrium.
E) an ultimatum bargaining game.

Question

Suppose Jim and Celia,a married couple,are trying to decide what to do on a Friday.Jim would prefer to see Rambo X while Celia would prefer to see Das Auto,an arty foreign film.Both films are showing at the local Megaplex.The joy they receive from the films and seeing them together,or separately,is shown in the payoff matrix.Both Jim and Celia know the information contained in the payoff matrix.They purchase their tickets simultaneously,ignorant of the other's choice. 
-Refer to the payoff matrix above.By letting either Jim or Celia buy a ticket first,the game is now
A) a prisoner's dilemma. 
B) no longer a prisoner's dilemma. 
C) unfair. 
D) without an equilibrium. 
E) an ultimatum bargaining game.

Quizplus · Accepted Answer

The Answer of Suppose Jim and Celia,a married couple,are trying to decide what to do on a Friday.Jim would prefer to see Rambo X while Celia would prefer to see Das Auto,an arty foreign film.Both films are showing at the local Megaplex.The joy they receive from the films and seeing them together,or separately,is shown in the payoff matrix.Both Jim and Celia know the information contained in the payoff matrix.They purchase their tickets simultaneously,ignorant of the other's choice. 
-Refer to the payoff matrix above.By letting either Jim or Celia buy a ticket first,the game is now
A) a prisoner's dilemma. 
B) no longer a prisoner's dilemma. 
C) unfair. 
D) without an equilibrium. 
E) an ultimatum bargaining game.

Suppose Jim and Celia,a Married Couple,are Trying to Decide What