| Chicken |
| |
Col
Sewrves |
Col
Drives
Straight |
| Row Swerves |
3 C
3 R
Pareto
|
4
C
2 R
Pareto, Nash
|
| Row
Drives Straight |
2 C
4 R
Pareto, Nash
|
1
C
1 R
|
|
| Strike/Lockout |
| |
Union
Compromises |
Union
Stands Firm |
Management
Compromises |
3
3
|
4
2
|
anagement
Stands Form |
2
4
|
1
1
|
|
| Tragedy
of the Commons |
| |
Col
doesn't Overgraze
|
Col
Overgrazes
|
Row
doesn't
Overgraze |
3 C
3 R
|
4 C
3 R
Pareto, Nash
|
Row
Overgrazes |
3
C
4 R
Pareto, Nash
|
1
C
1 R
|
|
| Pollution |
| |
Col
doesn't Pollute |
Col
Pollutes |
| Row
doesn't
Pollute |
3
3
|
4
3
|
| Row Pollutes |
3
4
|
1
1
|
|
| Prisoners'
Dilemma |
| |
Col
Cooperates
|
Col
Defects
|
| Row
Cooperates |
3 C
3 R
Pareto
|
4
C
1 R
Pareto
|
| Row Defects |
1 C
4 R
Pareto
|
2 C
2 R
Nash
|
|
| Professional
Advertising |
| |
Col
Doesn't Advertise |
Col
Advertises |
Row Doesn't
Advertise |
3
3
|
4
1
|
| Row
Advertises |
1
4
|
2
2
|
Another Prisoners' Dillema: The game of Tariff |
Friend Or Foe
|
| |
Col
Cooperates
|
Col
Defects
|
| Row
Cooperates |
3 C
3 R
Pareto
|
4
C
1 R
Pareto
|
| Row Defects |
1 C
4 R
Pareto
|
1 C
1 R
Nash
|
|
Friend or Foe resembles
Prisnoers' Dillema
except that Defect, Defect is a weak equilibrium:
if the other person cooperates
I/m better off defecting
if the other person defects
it doesn;t matter to me which I do.
|