Two people are arrested and charged with the same crime. Each is given the opportunity to accuse
Question:
Two people are arrested and charged with the same crime.
Each is given the opportunity to accuse the other of the crime. The payoff matrix shows how much time each will serve depending on who rats out whom.
a. What is the dominant strategy for each, if any?
b. What is the Nash equilibrium, if any?
Transcribed Image Text:
B Accuses A B Remains silent A Accuses B Prisoner A: 2 years A Remains silent Prisoner A: Goes free Prisoner B: 2 years Prisoner A: 10 years Prisoner B: 10 years Prisoner A: Goes free Prisoner B: Goes free Prisoner B: Goes free
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