What should a rational player do in this game

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Question - Bugs Bunny and Daffy Duck are contestants on a game show called Split or Steal. On the show, Bugs and Daffy have to pick one of two cards and decide to split the prize money of $100,000 or steal it from the other contestant. The decisions are made simultaneously so neither player knows what the other will do. The table below represents the result of the contestants' choices.

 

Daffy

Split

Steal

Bugs

Split

50k

50k

0

100k

Steal

100k

0

0

0

Required -

1. What should a rational player do in this game? Explain.

2. Is this a zero-sum game? Explain.

Reference no: EM133073679

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