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QUESTION
Consider the voluntary contribution to building a fence game discussed in class. Assume that v 1 = v 2=100 and C=150, and select all that apply.
Consider the voluntary contribution to building a fence game discussed in class. Assume that v1 = v2=100 and C=150, and select all that apply.
a.There are Nash equilibria in which the fence is not built.
b.Each player donating 100 is a pure strategy Nash equilibrium in the game.
c.It is efficient to build the fence.
d.Contributing more than her own valuation is a strictly dominated strategy for each player
