2) What is your dominant strategy? What is Nash equilibrium?
2) What is your dominant strategy? What is Nash equilibrium? 3) If you get this classmate as your partner on a series of projects throughout the year, rather than only once, how might that change the outcome you predicted in part 2)? 4) Another one of your classmate cares more about good grades: he gets 50 unites of happiness for a B and 80 units of happiness for an A. If this other classmate were your partner (but your preferences were unchanged), show the new payoff matrix. How would your answer to question 2) change? Which classmate you prefer as a partner? Would he also want you as a partner?