« previous next »

Author Question: In the prisoners' dilemma game, when each player takes the best possible action given the action of ... (Read 29 times)

tuffie

  • Hero Member
  • *****
  • Posts: 534
on: Jun 29, 2018
In the prisoners' dilemma game, when each player takes the best possible action given the action of the other player, ________.
 
  A) a competitive equilibrium is reached
  B) one player denies and one player confesses
  C) both players deny
  D) a Nash equilibrium is reached

Question 2

In the above figure, tax revenue is at a maximum when the tax rate is
 
  A) 0 percent.
  B) 30 percent.
  C) 50 percent.
  D) 100 percent.


cascooper22

  • Sr. Member
  • ****
  • Posts: 312
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Conduction of the action potential along an axon. Conduction of the action potential along an axon.
Recidivism of U.S. Prisoners Recidivism of U.S. Prisoners
Sites of action of some respiratory inhibitors and artificial electron acceptors Sites of action of some respiratory inhibitors and artificial electron acceptors
Action of a type I topoisomerase Action of a type I topoisomerase
Mechanisms of action of a riboswitch Mechanisms of action of a riboswitch
The male physique depicted in popular action figures in the 1970s The male physique depicted in popular action figures in the 1970s
Video: Muscle Twitch and Muscle Tension - Motor unit size and force

For a complete list of videos, visit our video library