Asked by Jenna Johnson on Sep 24, 2024
Verified
If Sarah decides to hit Tom,what would Tom's best response be
A) Tell
B) Not tell
C) Run
D) Hide
Simultaneous Game
A game theory concept where players choose their strategies and execute their moves without prior knowledge of the others' choices.
- Delve into the effects resulting from sequential and simultaneous games.
- Seek out the finest strategies in the context of game theory.
Verified Answer
GC
Gabriela Cuerdo2 days ago
Final Answer :
B
Explanation :
If Sarah hits Tom and he tells, they both experience a loss of 10. If he does not tell, he only experiences a loss of 5, but Sarah gains 5. Therefore, Tom's best response would be to not tell. Running or hiding are not rational choices as they are not part of the given options and are unlikely to lead to a positive outcome.
Learning Objectives
- Delve into the effects resulting from sequential and simultaneous games.
- Seek out the finest strategies in the context of game theory.
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