Table 16-18
The Chicken Game is named for a contest in which drivers test their courage by driving straight at each other. John and Paul have a common interest to avoid crashing into each other, but they also have a personal, competing interest to not turn first to demonstrate their courage to those observing the contest. The payoff table for this situation is provided below. The payoffs are shown as (John, Paul).

-Refer to Table 16-18.What is John's dominant strategy?

Question

Table 16-18
The Chicken Game is named for a contest in which drivers test their courage by driving straight at each other. John and Paul have a common interest to avoid crashing into each other, but they also have a personal, competing interest to not turn first to demonstrate their courage to those observing the contest. The payoff table for this situation is provided below. The payoffs are shown as (John, Paul).
 
-Refer to Table 16-18.What is John's dominant strategy?

Quizplus · Accepted Answer

A dominant strategy is a strategy that yields the best outcome for a player regardless of the strategies chosen by the other player(s). However, in this situation, both of John's strategies (Turn and Drive Straight) are equally good, depending on Paul's strategy. For example, if Paul chooses Turn, John should choose Drive Straight to win 4 instead of losing 1. On the other hand, if Paul chooses Drive Straight, John should choose Turn to win 3 instead of losing 2. Therefore, John has no dominant strategy.

Table 16-18 The Chicken Game Is Named for a Contest in Which