The table below displays the enjoyment of Amy and Ben based on their respective choices of weekend activities, namely going to a concert or playing tennis. The first number represents Ben’s level of enjoyment, while the second number represents Amy’s level of enjoyment. Read the following statements and select the correct two.
Image failed to load:

Question

The table below displays the enjoyment of Amy and Ben based on their respective choices of weekend activities, namely going to a concert or playing tennis. The first number represents Ben’s level of enjoyment, while the second number represents Amy’s level of enjoyment. Read the following statements and select the correct two.

Image failed to load:

Accepted Answer

If Amy and Ben are having a fight, and prefer not to spend time together, their enjoyment of the shared activity will be reduced by 60. This creates a coordination game with conflicting interests.

Answer

This is a coordination game with conflict of interest.

Answer

If Amy and Ben win free tickets to the concert, which means they do not have to pay for it, their payoff from attending the concert will each increase by 20. As a result, the game now becomes an invisible hand game.

Answer

If Ben has an arm injury, his enjoyment from playing tennis drop by 40. This is now a coordination game without conflict of interest.

Answer

If a while after the fight, Amy and Ben are not angry at each other, they enjoy going to the concert together as before but they still do not want to play tennis together, the payoff for (tennis, tennis) is (10,10). Now this game is prisoner’s dilemma.

Crowdly

The table below displays the enjoyment of Amy and Ben based on their respective ...

Want instant access to all verified answers on learning.monash.edu?