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Cuba Cuba
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8 years ago
Leona and Bernie have committed a crime. If Leona denies committing the crime, Bernie can lower his penalty from 5 years to 2 years by confessing to the crime. If Leona confesses to the crime, Bernie can lower his penalty from 18 years to 7 years by confessing to the crime. Based on this information, we know with certainty that
A) Bernie's dominant strategy is to deny the crime.
B) Bernie has no dominant strategy.
C) Bernie's dominant strategy is to confess to the crime.
D) Bernie's dominant strategy is to confess to the crime only if Leona denies committing the crime.
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
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IloveChiIloveChi
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8 years ago
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Cuba Author
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#2
8 years ago
Straight to the point! Appreciate your time and your help.
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#3
8 years ago
You're welcome.

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