(Table) In the game table, the Nash equilibrium is
$\begin{array}{c}
\quad\quad\quad\quad\quad\quad\quad\text { Katy }\
\begin{array}{ccc}
\text { Jesse }&& \text { Left } & \text { Right } \
&\text { U }_{\mathbf{P}} & 4,8 & 3,7 \
&\text { Down } & 6,5 & 5,2
\end{array}\end{array}$
A) Up, Left = (4, 8).
B) Up, Right = (3, 7).
C) Down, Left = (6, 5).
D) Down, Right = (5, 2).

Question

(Table) In the game table, the Nash equilibrium is
$\begin{array}{c}
\quad\quad\quad\quad\quad\quad\quad\text { Katy }\
\begin{array}{ccc} 
\text { Jesse }&& \text { Left } & \text { Right } \
&\text { U }_{\mathbf{P}} & 4,8 & 3,7 \
&\text { Down } & 6,5 & 5,2
\end{array}\end{array}$
A) Up, Left = (4, 8).
B) Up, Right = (3, 7).
C) Down, Left = (6, 5).
D) Down, Right = (5, 2).

Quizplus · Accepted Answer

In a Nash equilibrium, each player's strategy is the best response to the other player's strategy. Here, if Jesse goes Down, Katy's best response is Left (6,5), and if Katy chooses Left, Jesse's best response is also Down. This makes Down, Left = (6, 5) the Nash equilibrium, as neither player has an incentive to deviate from this strategy.

(Table) in the Game Table, the Nash Equilibrium Is A) Up, Left = (4, 8)