Scenario: Your friend Joe and you decide to race your new cars. However, both of you are caught speeding by a police patrol. The matrix below shows the respective payoffs for each choice of actions. The first number listed in each cell is the payoff to the row player, and the second number listed is the payoff to the column player.

-Refer to the scenario above.Which of the following is true?

Question

Scenario: Your friend Joe and you decide to race your new cars. However, both of you are caught speeding by a police patrol. The matrix below shows the respective payoffs for each choice of actions. The first number listed in each cell is the payoff to the row player, and the second number listed is the payoff to the column player.
 
-Refer to the scenario above.Which of the following is true?

Quizplus · Accepted Answer

According to the given payoff matrix, it is not beneficial to bribe for either player. Regardless of what the other player chooses, the payoff for not bribing is higher than the payoff for bribing. Therefore, the dominant strategy for both players is not to bribe.

Scenario: Your Friend Joe and You Decide to Race Your