Curly has two safes, one at home and one at the office.1

Curly has two safes, one at home and one at the office.1

The safe at home is a piece of cake to crack and any thief can get into it. The safe at the office is hard to crack and a thief has only a 15% chance of getting at the gold if it is at the office. Curly has to decide where to place his gold bar (worth 1). On the other hand, the thief has a 50% chance of getting caught if he tries to hit the office and a 20% chance if he hits the house. If he gets the gold he wins 1; if he gets caught he not only doesn’t get the gold but he goes to the joint (worth −2). Find the Nash equilibrium and expected payoffs to each player

Curly has two safes, one at home and one at the office.1

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