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Author Question: The Prisoner's Dilemma involves two spies who are held in separate soundproof rooms. But even if the ... (Read 137 times)

WhattoUnderstand

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The Prisoner's Dilemma involves two spies who are held in separate soundproof rooms. But even if the two spies could communicate, what makes it difficult for them to achieve the cooperative solution (both not confessing)?
 a. The problem is their lack of information.
  b. The problem is that it is a nonzero sum game.
  c. The problem is that both spies have incentives to double cross each other.
  d. The problem is that all the outcomes are not particularly good for either player.

Question 2

In repeated games, all of the below make it easier to get out of bad situations except
 a. Be nice, no strikes first
  b. Respond immediately to rivals
  c. Punish competitors as much as you can
  d. Make sure your competitors can easily interpret your actions



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jasonq

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Answer to Question 1

c

Answer to Question 2

c




WhattoUnderstand

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


zacnyjessica

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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