"Maximizing Payoffs in a Dilemma: Arif and Aisha's Dance Club Decision"
What is the best strategy for Arif and Aisha to maximize their individual payoffs in choosing the dance club venue for their date?
Understanding Game Theory and Payoff Matrix
The numbers in the payoff matrix represent the payoffs for each player. The first number in each cell represents Arif's payoff, and the second number represents Aisha's payoff.
Based on the payoff matrix, the best strategy for Arif is to choose Palms, as it gives him a payoff of 1. Similarly, the best strategy for Aisha is to choose Oasis, as it gives her a payoff of 1. Therefore, the optimal strategy for Arif and Aisha to maximize their individual payoffs is for Arif to choose Palms and Aisha to choose Oasis.
Palms
Oasis
Arif
0
1
Aisha
1
0