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John and Louise are trying to figure out how to spend their Saturday night. They will do things together, but value the following three possible activities differently. They can go to a music concert, watch the tennis or have a picnic in the park. John would prefer to go to the concert but Louise does not really like the music that will be played.
Meanwhile, Louise wants to have a picnic but John does not really like the outdoors. Answer the following questions.
a. Who has the dominant strategy? (Type J for John or L for Louise)
b. What is the dominant strategy? (Type M for Music Concert, T for Tennis, or P for Picnic).
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