Karoun and Kohar hope to be roommates and are choosing between two apartments. Their payoffs are as given in the table. There exists a mixed-strategy Nash equilibrium when Karoun chooses Apartment 1 with probability ____.
A) 1/3
B) 2/3
C) 1/8
D) 7/8

Question

Karoun and Kohar hope to be roommates and are choosing between two apartments. Their payoffs are as given in the table.  There exists a mixed-strategy Nash equilibrium when Karoun chooses Apartment 1 with probability ____.
A) 1/3 
B) 2/3 
C) 1/8 
D) 7/8

Quizplus · Accepted Answer

The Answer of Karoun and Kohar hope to be roommates and are choosing between two apartments. Their payoffs are as given in the table.  There exists a mixed-strategy Nash equilibrium when Karoun chooses Apartment 1 with probability ____.
A) 1/3 
B) 2/3 
C) 1/8 
D) 7/8

Karoun and Kohar Hope to Be Roommates and Are Choosing