Given the payoff matrix for a Bank Run below (where the first number in each box is the payoff to me).What is the full set of possible Nash equilbria?
A) I Don't Run and all others don't Run
B) I Don't Run and all others don't Run + I run and all others run
C) I run and all others run
D) I Don't Run and all others don't Run + I run and all others don't run
E) all the outcomes

Question

Given the payoff matrix for a Bank Run below (where the first number in each box is the payoff to me).What is the full set of possible Nash equilbria? 
A) I Don't Run and all others don't Run 
B) I Don't Run and all others don't Run + I run and all others run 
C) I run and all others run 
D) I Don't Run and all others don't Run + I run and all others don't run 
E) all the outcomes

Quizplus · Accepted Answer

In this Bank Run game, the best choice is to not participate in the run if other people are also not running. However, if everyone else is running, it is best to also run to try and get some cash out before the bank fails. Therefore, the Nash equilibria are when everyone runs (I run and all others run) and when no one runs (I don't run and all others don't run) as both options satisfy the conditions for the best choices.

Given the Payoff Matrix for a Bank Run Below (Where