Asked by Desiree Hunter on Jun 12, 2024
Verified
If Tom threatens to tell,what would Sarah's best response be?
A) Hit
B) Not hit
C) Run
D) Hide
Simultaneous Game
A strategic scenario where players make their decisions or moves at the same time without knowledge of the other players' choices.
- Appraise the outcomes emerging from sequential and simultaneous games.
- Distinguish the optimal plays in game theoretic models.
- Realize the significance of threats and assurances in strategic dynamics.
Verified Answer
AR
Aparna ReddyJun 15, 2024
Final Answer :
B
Explanation :
Tom's threat to tattle creates a situation of potential loss for Sarah. If she hits Tom and he follows through with his threat to tattle, they both incur a loss of 10. On the other hand, if Sarah chooses not to hit Tom, he may still tattle, resulting in a loss of 5 for Sarah and a gain of 5 for Tom. However, if Tom does not follow through with his threat, then there is no loss for either of them. Therefore, Sarah's best response would be to not hit Tom, as it minimizes her potential losses.
Learning Objectives
- Appraise the outcomes emerging from sequential and simultaneous games.
- Distinguish the optimal plays in game theoretic models.
- Realize the significance of threats and assurances in strategic dynamics.
Related questions
What Would Be the Profits for Irene's Dairy in Equilibrium ...
In a Sequential Game,given Mattie's Best Response Function,what Would Irene's ...
If Tattling Tina Threatens to Tell,what Would Bratty Brenda's Best ...
In a Sequential Game,if Irene Decides to Enter the Market,what ...
If Sally Decides to Go to the Boxing Match,what Is ...