Question: Consider the same game, except that the council members make an unbreakable promise that all their resistance must be done publicly. That is , the
Consider the same game, except that the council members make an unbreakable
promise that all their resistance must be done publicly. That is the council mem
bers impose a rule that r r while allowing any p i In this case, the payoff
functions are
u p p p p
p p p
u p p p p
p p p
e Find each council members best response and the Nash equilibrium of the game.
Hint: Dominant strategy.
f Does such an unbreakable promise benefit the council members? Explain your
answer in a sentence or two.
g Does this remind you of a simple strategic environment? Which one? Explain
your answer in a sentence or two.
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