Complexity Explorer Santa Fe Institute

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Game Theory I - Static Games

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10.1 Overfishing and Regulation » Quiz Solution

Question: The Nash equilibrium of the tragedy of the commons game presented without the fine in the

video gives the highest total utility (i.e. player 1's payoff plus player 2's payoff).

Answer: (b)  False

Explanation: The highest total utility is if both players play F, which gives total utility of 6. However, in equilibrium both play OF giving a total utility of 4.