Scenario: Two Colleagues-Mathew and Peter-Have Successfully Completed a Project, and Their

Scenario: Two colleagues-Mathew and Peter-have successfully completed a project, and their employer has decided to reward them in a unique way. Each of them is taken to a separate room and asked to choose whether the other colleague is a good teammate or a bad teammate. They are told that if both of them choose "bad," they will not get any reward. If both of them choose "good," they will get $5,000 each. If one chooses "good" while the other chooses "bad," the one who chooses "bad" will get $10,000 and the one who chooses "good" will not get anything.
-Refer to the scenario above.If the players have to pay a fairness penalty of $7,000,________.

A) they will both choose "good"
B) they will both choose "bad"
C) Mathew will choose "bad," and Peter will choose "good"
D) Mathew will choose "good" and Peter will choose "bad"

Correct Answer:

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