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Author Question: The prisoners' dilemma has an equilibrium that is A) a Nash equilibrium and both players confess. ... (Read 59 times)

michelleunicorn

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on: Jun 29, 2018
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

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


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