Author Question: The prisoners' dilemma has an equilibrium that is A) a Nash equilibrium and both players confess. ... (Read 87 times)

michelleunicorn

  • Hero Member
  • *****
  • Posts: 565
The prisoners' dilemma has an equilibrium that is
 
  A) a Nash equilibrium and both players confess.
  B) not a Nash equilibrium and both players confess.
  C) a Nash equilibrium and both players deny.
  D) not a Nash equilibrium and both players deny.

Question 2

Which of the following does NOT contain an externality?
 
  A) I sell you an ice cream and you drip it all over the person sitting next to you.
  B) I sell you an ice cream and it gives you a headache.
  C) I sell you an ice cream and you share it with your friend.
  D) I give you an ice cream and you share it with a friend.



cam1229

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

For a complete list of videos, visit our video library