Which normal form game best represents split or steal? (Careful, these are very similar - check that the incorrect answers are definitely incorrect) O L R O O O T B T B T a B T B 10, 5, 10 20 20, 8,8 5 L R 10, 20, 10 0 0, 0,0 20 L R 0,0 20, 0 0, 10, 20 10 R 8,820, 5 00 5, 10, 20 10

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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QUESTION 6
Which normal form game best represents split or steal? (Careful, these are very similar - check that the incorrect answers are definitely incorrect)
L R
O
O
IT
B
IT
IT
10, 5,
10 20
IT
20, 8,8
15
B
IL
B 0,
20
IL R
R
10, 20,
10 0
0,0
0,0 20,
B 0, 10,
20 10
O
550
LR
8,820,
5
5, 10,
20 10
Transcribed Image Text:QUESTION 6 Which normal form game best represents split or steal? (Careful, these are very similar - check that the incorrect answers are definitely incorrect) L R O O IT B IT IT 10, 5, 10 20 IT 20, 8,8 15 B IL B 0, 20 IL R R 10, 20, 10 0 0,0 0,0 20, B 0, 10, 20 10 O 550 LR 8,820, 5 5, 10, 20 10
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