According to Prisoners'' Dilemma
a. Both parties do not confess
b. It is difficult to maintain cooperation among prisoners
c. Both a and b
d. None of the above
Question 2
In experimental tests of the ultimatum game:
a. the proposer often offers an even split of the pie, and responders often reject smaller offers, consistent with the predictions of game theory.
b. the proposer often offers an even split of the pie, and responders often reject smaller offers, in contrast to the predictions of game theory.
c. the proposer often offers an unfair split, taking the lion's share of the pie for him or herself, and responders often accept such offers, consistent with the predictions of game theory.
d. the proposer often offers an unfair split, taking the lion's share of the pie for him or herself, and responders often accept such offers, in contrast to the predictions of game theory.
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