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Author Question: When the prisoners follow their dominant strategy and confess, they will be worse off than if both ... (Read 97 times)

HCHenry

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on: Jun 30, 2018
When the prisoners follow their dominant strategy and confess, they will be worse off than if both had remained silenthence, the prisoners' dilemma.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following contracts is considered self-enforcing?
 a. An assurance provided by a lawyer to his/her client to win a case.
  b. A futures contract purchased through a NYSE broker.
  c. An agreement between two oligopolists to follow uniform pricing strategy.
  d. An agreement between two students to share assignment responsibility.


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polinasid

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

B


HCHenry

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

cassie_ragen

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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