Asked by Jehad Alhuwary on Sep 24, 2024

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​If player B destroys his own brakes before the race,and player A sees that ,what would the new Nash equilibrium be in this case?

A) ​Player A stops,Player B does not
B) Player B stops,Player A does not
C) Both players stop
D) ​Neither players stop

Nash Equilibrium

A concept in game theory where each player's strategy is optimal considering the strategies of other players, and no player has anything to gain by changing their strategy unilaterally.

Simultaneous Game

A type of game in game theory where players make their moves at the same time without knowing the choices of the other players.

Street Racers

Individuals who participate in unauthorized and illegal car racing on public roads, often associated with high risks and law enforcement challenges.

  • Identify best responses in simultaneous and sequential games.
  • Understand the concept of Nash Equilibrium in game theory.
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OM
Omaris Marquez1 day ago
Final Answer :
A
Explanation :
With Player B destroying his own brakes, he only has one option left, which is to not stop and race towards Player A. Player A is aware of this and knows that if he also races towards Player B, they will crash and both will face a loss of 10. Therefore, the best option for Player A is to stop, which results in a loss of 8, but avoids the larger loss of 10. Player B has no other option but to race towards Player A, so the new Nash equilibrium is for Player A to stop and Player B to not stop.