Question

PlayerI C D E A 0,0 0,2 2,1 В 1,2 1,1 0,0 Player B Consider the game in strategic form above. If player 1 plays A and player 2 plays E, Player 1s payoff is a. Impossible to determine. b. 2 C. d. 0)

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Answer #1

A game is a strategic interaction between two players. The payoff of the game is written in tabular form is called the strategic form. The payoff wrote in this manner has two numbers in each cell of the table separated by a comma. The first number denotes the payoff of row player while the second number denotes payoff of column player. Each row denotes strategy of row player. In this case, row player is player 1, with strategies A and B. The column player is player 2 with strategies C, D, and E. The when 1 plays A and 2 plays E, the payoff implied by this move is given in upper right corner cell. The payoff of 1 is 2 and payoff of 2 is 1.

Therefore, the correct option is: (b)

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