Scenario
The hawk-dove game is additionally commonly called the sport of chicken. 2 hooligans with one thing to prove drive at one another on a slender road. The primary to swerve loses faces among his peers. If neither swerves, however, a terminal fate plagues each. Within the hawk-dove version of the story, hooligans are replaced by armies considering attending to war.
Description
There are 2 pure strategy equilibria. a unique pure strategy equilibrium is most well-liked by every player. each equilibria are Pareto optimal. A mixed strategy equilibrium conjointly exists.
Example
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Driver 2
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stay
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swerve
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Driver 1
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stay
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-100,-100
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1,-1
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swerve
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-1,1
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0,0
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General Form
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Player 2
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L
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R
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Player 1
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U
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a,w
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b,x
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D
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c,y
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d,z
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Where the following relations hold:
b>d>c>a
y>z>x>w