A9 (6 marks) The
minimum effort game where the players receive a $2 salary , has a payoff
table like the following one:
- a) a prisoners’ dilemma game.
- b) a stag hunt game.
- c) a battle of the sexes game
- d) an assurance game
- e) a trust game
- f) a threat game
This game is strategically similar to which of the following stylized 2 player games (choose ONE option from the list and write it on your multi choice answer sheet. ) 2x2 Stag Hunt - basically an assurance game with the poorer equilibrium - 0 effort from both - being the "safe" option.Classic bureaucracy!! Have a look at the accompanying graph that blocks out a number of the options to reveal the stag hunt pattern 
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