Consider the following two player game. If both players are strongly risk-averse then the most likely outcome of this game is:
A) There is a unique Nash Equilibrium in this game and that is {Top, Left}.
B) b. There is a unique Nash Equilibrium in this game and that is {Bottom, Right}.
C) There are two Nash equilibria in this game - {Top, Right} and {Bottom, Left}.
D) There are two Nash equilibria in this game - {Top, Left} and {Bottom, Right}.
Correct Answer:
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