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Loraine Loraine
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Posts: 4563
8 years ago
The prisoners' dilemma game
A) shows that prisoners are better off if they cooperate.
B) shows it is easy to cooperate.
C) has an equilibrium in which both prisoners are made as well off as possible.
D) would have the same outcome even if the prisoners can communicate and cooperate.
E) has an equilibrium in which one prisoner is made as well off as possible and the other prisoner is made as worse off as possible.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 220 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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VincenzoDVincenzoD
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Posts: 1913
8 years ago
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Loraine Author
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8 years ago
Thanks for your help!!
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Yesterday
Thank you, thank you, thank you!
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2 hours ago
Helped a lot
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