Two friends, Julie and Christie, have to meet at the concert hall; both prefer t

Question

Two friends, Julie and Christie, have to meet at the concert hall; both prefer the Mozart programme, which starts at 5 pm; however, there is also a Mahler programme at 7 pm. Julie’s mobile is off, so the two friends cannot communicate. This situation is depicted in the table below, where Mozart represent the strategy “going to the Mozart programme” and Mahler the action “going to the Mahler programme”.

Christie
Julie Mahler Mozart
Mahler 1,1 0,0
Mozart 0,0 2,2


4.1. Which of the following is correct?

A. For Julie, going to the Mahler programme is a dominant strategy.

B. Mozart is a dominant strategy for both Julie and Christie.

C. For Christie, going to the Mozart programme is a dominant strategy.

D. Neither Julie nor Christie has a dominant strategy.
4.2. Which of the following is true?

A. The only Nash equilibrium is "Mozart, Mozart"

B. The only Nash equilibrium is 2,2.

C. There are two Nash equilibria, in which both friends go to the same concert.

D. There are two Nash equilibria, "2,2" and "1,1".

Explanation / Answer

4.1 D 4.2 D

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