Scenario: Diana and Artemis can either jointly hunt stags (adult deer) or individually hunt rabbits. Hunting stags requires cooperation, but if the two cooperate, then they get a large amount of meat. If either hunts stags alone, the chance of success is zero. Hunting rabbits is easy for an individual and even easier for if the two cooperate, but rabbits would provide smaller amounts of meat than would stags. The payoff matrix below reflects this situation. Payoffs are days' worth of meat.
-In the tragedy of the commons game illustrated in the text using manufacturing firms located along the Gowanus Canal,the outcome of both firms polluting is ________.
A) a dominant strategy equilibrium
B) a Nash equilibrium
C) dominated by the outcome of both firms choosing not to pollute
D) all of the above
Correct Answer:
Verified
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