In the table below, Pam and Dwight are taking part in an office contest. Their o
ID: 2440847 • Letter: I
Question
In the table below, Pam and Dwight are taking part in an office contest. Their options are to use either a green token or a yellow token. The results of their choices are listed in the table. If both players follow their dominant strategy, what will be the result?
Question 3 options:
Pam will receive $100 and Dwight will receive $100.
Pam will receive $200 and Dwight will receive $10.
Pam will receive $10 and Dwight will receive $200.
Pam will receive $20 and Dwight will receive $20.
Pam will receive $100 and Dwight will receive $100.
Pam will receive $200 and Dwight will receive $10.
Pam will receive $10 and Dwight will receive $200.
Pam will receive $20 and Dwight will receive $20.
Pam green yellow $100 Dwight:$100 $200 Dwight:$10 am am green Dwight $10 Dwight $200 $20 Dwight:$20 yellowExplanation / Answer
In above game Green , Green is dominant strategy combination because they have "Green" as dominant strategy common in them
Hence bith will receive the payoff of $100 each
Therefore option 1 is correct response