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.
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.
Where the following relations hold: b>d>c>a y>z>x>w