When a phone line is cut off in the middle of a conversation, and neither party returns the call, this is an example of:
A)low payoffs on the game.
B)a best response function.
C)multiple Nash equilibrium.
D)a Nash equilibrium.

Question

Quizplus · Accepted Answer

This situation represents a Nash equilibrium, as neither party has an incentive to unilaterally change their strategy (i.e. call back) given the other party's action.

When a Phone Line Is Cut Off in the Middle