consider the following game. a) what is the pay-off to bob when he fishes for 10 hours and alfredo also fishes for 10 hours? select one: a. 2 b. 4 c. we don't have sufficient information to determine it d. 3 e. 1 question 12 answer saved points out of 1.00 not flaggedflag question question text b) which of the following would not result in a pareto efficient outcome? select one or more: a. both alfredo and bob fish for 10 hours b. both alfredo and bob fish for 12 hours c. bob fishes for 10 hours while alfredo fishes for 12 hours d. bob fishes for 12 hours while alfredo fishes for 10 hours e. none of the above question 13 answer saved points out of 2.00 not flaggedflag question question text (c) complete the following sentences for bob, the best response to alfredo fishing 10 hour is fishing 12 hours. for bob, the best response to alfredo fishing 12 hours is fishing 12 hours. for alfredo, the best response to bob fishing 10 hours is fishing 12 hours. for alfredo, the best response to bob fishing 12 hours is fishing 12 hours. all of the above means that fishing 12 hours is a pareto-efficient strategy for both players. both players fishing 12 hours is the nash equilibrium of this game.



Answer :

Other Questions