n what ways does iteration affect the outcome of prisoner's dilemma, stag hunt, and chicken, minus a strategy of reciprocity?
a. In all instances, iteration leads to a decreased likelihood of defection.
b. In all instances, iteration leads to an increased likelihood of defection.
c. Iteration decreases the likelihood of defection in chicken and stag hunt but may increase it in prisoner's dilemma.
d. Iteration decreases the likelihood of defection in prisoner's dilemma and stag hunt but may increase it in chicken.
e. Iteration decreases the likelihood of defection in prisoner's dilemma and chicken but may increase it in stag hunt.
Question 2
What is the dilemma that lies at the heart of the one-shot prisoner's dilemma game?
a. that neither player can be sure that the other will cooperate
b. that both players are forced to decide without knowing the decision of the other
c. that players make their decisions based on what they anticipate the other player deciding
d. that individually it is rational for each player to cooperate, but collectively this is not possible to achieve
e. that it is entirely rational for both players to choose individually an outcome that is collectively suboptimal
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