Patrick Clean Don't clean Clean $5 $4 $6 Patrick (Click to select) Cameron (Click to select) Is there a Nash equilibrium in this game? Don't clean $6 $3 Yes, and both Patrick and Cameron choose to clean. O No, there is no Nash equilibrium. Yes, and neither Patrick nor Cameron chooses to clean. O Yes, and Patrick chooses to clean while Cameron chooses not to clean. Yes, and Cameron chooses to clean while Patrick chooses not to clean.
Patrick Clean Don't clean Clean $5 $4 $6 Patrick (Click to select) Cameron (Click to select) Is there a Nash equilibrium in this game? Don't clean $6 $3 Yes, and both Patrick and Cameron choose to clean. O No, there is no Nash equilibrium. Yes, and neither Patrick nor Cameron chooses to clean. O Yes, and Patrick chooses to clean while Cameron chooses not to clean. Yes, and Cameron chooses to clean while Patrick chooses not to clean.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
Consider the payoff matrix below which shows the cleaning strategies of two roommates, Patrick and Cameron.

Transcribed Image Text:Patrick
Clean
Don't clean
$5
$2
Patrick (Click to select)
Clean
Cameron
$5
$4
$2
$6
Cameron (Click to select)
Is there a Nash equilibrium in this game?
Don't clean
$6
$3
Yes, and both Patrick and Cameron choose to clean.
No, there is no Nash equilibrium.
Yes, and neither Patrick nor Cameron chooses to clean.
Yes, and Patrick chooses to clean while Cameron chooses not to clean.
O Yes, and Cameron chooses to clean while Patrick chooses not to clean.
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