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Assume the Table Below Represents Two Contestants on a Game

Question 148

Multiple Choice

Assume the table below represents two contestants on a game show who are allowed to push a blue button or a red button in the final round to determine the prize money they will each receive.What will be the result if both players follow their dominant strategies? Drake
blueredblue D: $100,000 D: $200,000 D: $200,000 P: $100,000peterred D: $10,000 D: $50,000 P: $150,000 P: $80,000\begin{array}{cc|c|c|}&&blue&red\\\hline &blue&\text { D: } \$ 100,000 & \text { D: } \$ 200,000 \\&&\text { D: } \$ 200,000 & \text { P: } \$ 100,000 \\\hline peter&red&\text { D: } \$ 10,000 & \text { D: } \$ 50,000 \\&&\text { P: } \$ 150,000 & \text { P: } \$ 80,000 \\\hline\end{array}


A) Drake wins $100,000 and Peter wins $75,000.
B) Drake wins $200,000 and Peter wins $100,000.
C) Drake wins $75,000 and Peter wins $150,000.
D) Drake wins $200,000 and Peter wins $150,000.
E) There is no dominant strategy for the players in this game.

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