Determine the nash equilibria for the given game


Problem

Two guys suffering from testosterone poisoning drive toward each other in the middle of a road. As they approach the impact point, each has the option of continuing to drive down the middle of the road or to swerve. Both believe that if only one driver swerves, that driver loses face (payoff = 0) and the other gains in self-esteem (payoff = 2). If neither swerves, they are maimed or killed (payoff = -10). If both swerve, no harm is done to either (payoff = 1). Show the payoff matrix for the two drivers engaged in this game of chicken. Determine the Nash equilibria for this game.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Determine the nash equilibria for the given game
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