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Answer options: 1. Stan Madeline 2. Heads Tails 3. Heads Tails 4. Heads Tails Su

ID: 1100920 • Letter: A

Question

Answer options:

1. Stan

Madeline

2. Heads

Tails

3. Heads

Tails

4. Heads

Tails

Suppose Stan and Madeline are playing a game in which both must simultaneously choose the strategy Heads or Tails. The table that follows (known as a payoff matrix) shows the payoff each person will earn as a function of both of their choices (rather than the actual flipping of a coin). For example, the lower-right cell shows that if Stan chooses Tails and Madeline chooses Tails, Stan will receive a payoff of 4 and Madeline will receive a payoff of 3.

Explanation / Answer

A. Madeline to choose Tails

B. Stan chooses Tails and Madeline chooses Tails