The figure shown represents the payoffs involved when Sarah and Joe work on a school project together for a single grade. They both will enjoy a higher grade when more effort is put into the project, but they also get pleasure from goofing off and not working on the project. The payoffs can be thought of as the utility each would get from the effort they individually put forth and the grade they jointly receive.According to the figure, Joe:
A)has a dominant strategy to put forth high effort.
B)does not have a dominant strategy.
C)has a dominant strategy to put forth low effort.
D)will reach an optimum outcome by acting in his own self-interest.

Question

The figure shown represents the payoffs involved when Sarah and Joe work on a school project together for a single grade. They both will enjoy a higher grade when more effort is put into the project, but they also get pleasure from goofing off and not working on the project. The payoffs can be thought of as the utility each would get from the effort they individually put forth and the grade they jointly receive.According to the figure, Joe:
A)has a dominant strategy to put forth high effort. 
B)does not have a dominant strategy. 
C)has a dominant strategy to put forth low effort. 
D)will reach an optimum outcome by acting in his own self-interest.

Quizplus · Accepted Answer

The Answer of  The figure shown represents the payoffs involved when Sarah and Joe work on a school project together for a single grade. They both will enjoy a higher grade when more effort is put into the project, but they also get pleasure from goofing off and not working on the project. The payoffs can be thought of as the utility each would get from the effort they individually put forth and the grade they jointly receive.According to the figure, Joe:
A)has a dominant strategy to put forth high effort. 
B)does not have a dominant strategy. 
C)has a dominant strategy to put forth low effort. 
D)will reach an optimum outcome by acting in his own self-interest.

The Figure Shown Represents the Payoffs Involved When Sarah and Joe