Consider the following game in which Sally can play T or B and John chooses between L or R.Each player makes their choice simultaneously.If Sally chooses T and John chooses L, Sally gets a payoff of 3 and John has a payoff of 7.If Sally plays T and John R, Sally's payoff is 2 and John gets 1.If Sally Chooses B and John L, the payoffs are 1 to Sally and 2 to John.Finally, if Sally chooses B and John R, the payoffs are 4 to Sally and 3 to John.What is the Nash equilibria of the game?
A)(T, R)
B)(B,R)
C)(T,L) and (B,R)
D)(T,L)
E)None of the above.

Question

Quizplus · Accepted Answer

The Nash equilibria are (T,L) and (B,R) because neither player can improve their payoff by changing their strategy given the other player's strategy.

Consider the Following Game in Which Sally Can Play T