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Hamilton and Virginia Have Two Strategies Each a Their Disposal

Question 81

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Hamilton and Virginia have two strategies each a their disposal: top and bottom. For the strategy combination (top, top)the payoff is (60,20), where the first position refers to Hamilton, and the second to Virginia. Similarly, for (top, bottom)the payoff is (0, 0), for (bottom, top)the payoff is (0, 0), while for (bottom, bottom)is (20, 60). What is the mixed strategy equilibrium for this one- shot game?

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Let p be the probability of "top" for th...

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