Mark and Anthony are participating in a trust game.Mark is given a locked box containing five $100 bills and a key.He can either unlock the box himself,or he can give it to Anthony.Anthony can either unlock the box himself,or return it to the moderator of the game.If Mark unlocks the box himself,he will get $200 and Anthony will get $100,while the rest will be taken back.If Anthony unlocks the box,they will receive $250 each.If Anthony returns the box to the moderator,he will receive $300,while Mark will not get any money.What will the equilibrium outcome of this game be?

Question

Quizplus · Accepted Answer

The Answer of Mark and Anthony are participating in a trust game.Mark is given a locked box containing five $100 bills and a key.He can either unlock the box himself,or he can give it to Anthony.Anthony can either unlock the box himself,or return it to the moderator of the game.If Mark unlocks the box himself,he will get $200 and Anthony will get $100,while the rest will be taken back.If Anthony unlocks the box,they will receive $250 each.If Anthony returns the box to the moderator,he will receive $300,while Mark will not get any money.What will the equilibrium outcome of this game be?

Mark and Anthony Are Participating in a Trust Game