Dennis and Denise are trying to decide whether to go hiking or biking this weekend. Depending on their choices, they might go together or they might go apart. Their payoffs in terms of their happiness are as follows. There exists a mixed-strategy Nash equilibrium when Denise chooses biking with a probability of ____.
A) 3/4
B) 2/3
C) 1/2
D) 1/4

Question

Dennis and Denise are trying to decide whether to go hiking or biking this weekend. Depending on their choices, they might go together or they might go apart. Their payoffs in terms of their happiness are as follows.  There exists a mixed-strategy Nash equilibrium when Denise chooses biking with a probability of ____.
A) 3/4 
B) 2/3 
C) 1/2 
D) 1/4

Quizplus · Accepted Answer

The Answer is C

Dennis and Denise Are Trying to Decide Whether to Go