The Globalization of World Politics by Unknown
Author:Unknown
Language: eng
Format: mobi, epub
Publisher: Oxford University Press - A
Published: 2008-01-17T16:00:00+00:00
The Battle of the Sexes
The scenario of this game envisages a couple who have just fallen in love and decide to go on holiday together. The problem is that one wants to go hiking in the mountains and the other wants to visit art galleries and museums in the city. But both much prefer to be with their partner than to go on holiday alone. When mapped on to a matrix, two stable equilibriums emerge from the scenario.
In this figure, cell numerals refer to ordinally ranked preferences: 4 = best, 1 = worst. The first number in each cell refers to A’s preference and the second number refers to B’s preference.
* Denotes an equilibrium outcome and a Pareto optimal strategy.
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