Concerning the above question 3, which of the following statements is correct? 1 pointThis game is similar to the prisoner’s dilemma in that it has a better outcome than Nash equilibrium for all players. This game is similar to the coordination game in that there are two Nash equilibria. This game is similar to the prisoner’s dilemma in that Nash equilibrium is a better outcome than every other outcome for all players. This game is similar to the coordination game in that each player’s objective is to match his/her behavior with the others.

Consider a game represented by the following table. Which of the following statements is true? 1 pointThere is no Nash equilibrium. 
 In a Nash equilibrium, both players choose A. In a Nash equilibrium, both players choose B. In a Nash equilibrium, both players choose C. 4.Question 4Concerning the above question 3, which of the following statements is correct? 1 pointThis game is similar to the prisoner’s dilemma in that it has a better outcome than Nash equilibrium for all players.

Consider a prisoner’s dilemma type of game and a coordination type of game. In which type of game are there more Nash equillibrium?Group of answer choicesThey have the same amountCoordinationPrisoner’s dilemmaNone of the above

What are the properties of the Prisoner’s Dilemma game? Choose all applicable properties.(A) Mutual cooperation is better than mutual defection for all players.(B) Mutual cooperation and mutual defection are both Nash equilibria.(C) For any given action of your opponent, defection is always better than cooperation.(D) Nash equilibrium does not exist.1 pointOnly B.Only D. A and B. A and C A, B and C. A, C and D

Question 5What kind of insights does the Coordination Game provide? Choose all applicable statements.1 pointThere can be many Nash equilibria in a game. The popular computer keyboard design was inherited from typewriters. Players can always coordinate on the optimal outcome. The de facto standard of a new technology may not be efficient.A game might have good and bad Nash equilibria (the former are better than the latter for everyone). There is a unique self-fulfilling prophecy. 6.Question 6Which game has no mixed Nash equilibrium, i.e., no

Question 6Which game has no mixed Nash equilibrium, i.e., no Nash equilibrium where at least one player chooses random behavior? Choose the correct game with a correct reason. 1 pointThe coordination game, because payoffs for each player are the same across two Nash equilibria. The battle of the Sexes, because players have made a promise where to visit during the next holiday. The matching pennies, because the result of a coin-toss trial can be perfectly predicted by today’s science. The prisoner’s dilemma, because defection is best for both players and they do not consider that mutual cooperation can be attained.