This is the payoff matrix from Civil War, which we discussed in class. Which choices should Iron Man and Captain America make in this one off, non-cooperative game? (Captain America is the value on the left of each pair; Iron Man is the value on the right of each pair.) Captain Fight America O O Talk it out Iron Man Fight 1, 1 0,6 both superheroes will fight both superheroes will talk it out I choose to use one of my three skips on this question. Captain America will talk it out, Iron Man will fight Captain America will fight, Iron Man will talk it out Talk it out 6,0 |4,4
This is the payoff matrix from Civil War, which we discussed in class. Which choices should Iron Man and Captain America make in this one off, non-cooperative game? (Captain America is the value on the left of each pair; Iron Man is the value on the right of each pair.) Captain Fight America O O Talk it out Iron Man Fight 1, 1 0,6 both superheroes will fight both superheroes will talk it out I choose to use one of my three skips on this question. Captain America will talk it out, Iron Man will fight Captain America will fight, Iron Man will talk it out Talk it out 6,0 |4,4
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:This is the payoff matrix from Civil War, which we discussed in class. Which choices should Iron Man and Captain America make in this one off, non-cooperative game? (Captain
America is the value on the left of each pair; Iron Man is the value on the right of each pair.)
Captain Fight
America
O
O
Talk it out
Iron Man
Fight
1, 1
0,6
both superheroes will fight
both superheroes will talk it out
I choose to use one of my three skips on this question.
Captain America will talk it out, Iron Man will fight
Captain America will fight, Iron Man will talk it out
Talk it out
6,0
|4,4
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