4. Consider the game matrix below. Assume that the payoffs are in years in prison. Hence,...
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4. Consider the game matrix below. Assume that the payoffs are in years in prison. Hence, exceptionally, lower numbers are better. Clyde Cooperate Defect Cooperate 3,3 10, a Bonnie Defect a, 10 b, b a) For what values of a and b is this game a Prisoners Dilemma? (2 marks) b) List the two features that are required for a game to be a Prisoners Dilemma and briefly explain how your choices in Part (a) satisfy these two requirements. (4 marks) 4. Consider the game matrix below. Assume that the payoffs are in years in prison. Hence, exceptionally, lower numbers are better. Clyde Cooperate Defect Cooperate 3,3 10, a Bonnie Defect a, 10 b, b a) For what values of a and b is this game a Prisoners Dilemma? (2 marks) b) List the two features that are required for a game to be a Prisoners Dilemma and briefly explain how your choices in Part (a) satisfy these two requirements. (4 marks)
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a For this game to be a Prisoners Dilemma the following condition must hold a 3 b 10 b The ... View the full answer
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