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Author Question: Game theory assumes that to compute the likely outcome of games, one needs to assume that players ... (Read 95 times)

piesebel

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on: Jul 1, 2018
Game theory assumes that to compute the likely outcome of games, one needs to assume that players act
 a. Rationally
  b. Optimally
  c. In their own self-interest
  d. All the above

Question 2

The strategy profile in which both players remain silent in the Prisoners' Dilemma can be described as:
 a. non-Pareto optimal and unstable.
  b. Pareto optimal and unstable.
  c. non-Pareto optimal and stable.
  d. Pareto optimal and stable.


adammoses97

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Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

b


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piesebel

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Reply #2 on: Jul 1, 2018
Thank you


adammoses97

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Reply #3 on: Jul 1, 2018
No problemo


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