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What are dominant strategy

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Reference no: EM132282160

Three kids see $150 money on the street. Each student has 2 potential strategies, "Claim the money as his/her own (C)" or "not claim"(N)

If more than one person claim the money as their own, police will be called and no money gets any amount of money.

If nobody claims, police will also be called and no body gets any money.

However, if only one person claims the money, the person will get the whole amount of 150

How many Pure strategy Nash Equillibrium exist in the game and what are they?

What are dominant strategy here?

Can you please help draw the game theory table?

Reference no: EM132282160

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