Lala and Marmar are deciding whether to reserve a vacation room with a city view or an ocean view. Their payoffs in terms of their happiness are as follows.
a. What are the pure-strategy Nash equilibria if any?
b. What is the mixed-strategy Nash equilibrium?

Question

Lala and Marmar are deciding whether to reserve a vacation room with a city view or an ocean view. Their payoffs in terms of their happiness are as follows.  
a. What are the pure-strategy Nash equilibria if any?
b. What is the mixed-strategy Nash equilibrium?

Quizplus · Accepted Answer

The Answer of Lala and Marmar are deciding whether to reserve a vacation room with a city view or an ocean view. Their payoffs in terms of their happiness are as follows.  
a. What are the pure-strategy Nash equilibria if any?
b. What is the mixed-strategy Nash equilibrium?

Lala and Marmar Are Deciding Whether to Reserve a Vacation