Imagine two friends, Marcus and Marty, who are providing goods for a bake sale. They can take either brownies or cookies, and payoffs (the profits that they will split) are as given in the table:
a. What are the pure-strategy Nash equilibria if any?
b. What is the mixed-strategy Nash equilibrium?

Question

Imagine two friends, Marcus and Marty, who are providing goods for a bake sale. They can take either brownies or cookies, and payoffs (the profits that they will split) are as given in the table:  
a. What are the pure-strategy Nash equilibria if any?
b. What is the mixed-strategy Nash equilibrium?

Quizplus · Accepted Answer

The Answer of Imagine two friends, Marcus and Marty, who are providing goods for a bake sale. They can take either brownies or cookies, and payoffs (the profits that they will split) are as given in the table:  
a. What are the pure-strategy Nash equilibria if any?
b. What is the mixed-strategy Nash equilibrium?

Imagine Two Friends, Marcus and Marty, Who Are Providing Goods