Why the given game is called a cooperative game


Some games of strategy are cooperative. One example is deciding which side of the road to drive on. It doesn't matter which side it is, as long as everyone chooses the same side. Otherwise, everyone may get hurt.

 

 

Driver 2

 

 

Left

Right

Driver 1

Left

0,0

-1000, -1000

Right

-1000, -1000

0,0

a. Does either player have a dominant strategy?

b. Is there a Nash Equilibrium in this game? Explain.

c. Why is this called a cooperative game?

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Microeconomics: Why the given game is called a cooperative game
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