Chicken Game

Home > Economics > Game Theory > Prisoner's dilemma > Chicken Game

In this version, two players head towards each other in a car and must decide whether to swerve or continue driving forward. If both players swerve, there is no collision and they both receive a small reward. If both players continue driving, there is a catastrophic collision and they both receive nothing. If one player swerves and the other does not, the swerver is seen as weak and receives nothing, while the other player receives a large reward.