Question
Two people enter a bus. Two adjacent cramped seats are
free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sitting next to the other person, which is more comfortable than standing. Suppose that each person cares only about her own comfort. Model the situation as a strategic game. Find its Nash equilibrium (equilibria?).Solution
There exist only one pure strategy Nash equilibrium (sit, sit) and the argument is same as that of Prisoner’s Dilemma discussed in theory.
Which principle emphasizes using demonstrations, trials, or practices to teach rural people?
Which among the following is an example of bacteria that is used for pest control?
Which of these is included in the mental process of acceptance or rejection of a new product?
What will be the error degree of freedom for testing 5 varieties of wheat in Latin Square Design?
What is the probable impact on supply when a technological breakthrough significantly reduces the time required to produce a certain product?
Which plant among the following produces schizocarpic fruits?
Little leaf in cotton is due to the deficiency ofÂ
The type of germination observed in pigeon pea is____
Match List-I with List-II
Choose the correct answer fr...
Machine that improves the efficiency of a cleaner cum grader by removing smaller and larger size impurities from the grain?
