Question: Choose the right answer then explain In a simultaneous one-shot prisoners' dilemma game: Select one answer a. The players' payoffs are lower in the dominant

Choose the right answer then explain

Choose the right answer then explain In a simultaneous one-shot prisoners' dilemmagame: Select one answer a. The players' payoffs are lower in the

In a simultaneous one-shot prisoners' dilemma game: Select one answer a. The players' payoffs are lower in the dominant strategy equilibrium than in some other outcomes. b. The players will choose to cooperate to attain the socially optimal outcome. c. Each player's payoff is the highest in the socially optimal outcome, which would be attained by cooperation. d. Each player would choose to cooperate if he or she knew that the other player would definitely also choose to cooperate.Bala The following diagram shows Anil's preferences when he is either completely selfish or somewhat altruistic, J, I = Both use IPC J. T= Anil uses /PC, Bala uses Terminator when he and Bala participate in the prisoners' dilemma 7, / = Anil uses Terminator, Bala uses /PC T. T - Both use Terminator 1 2 game with the payoffs shown below. Based on the 2 graph, which of the following statements are correct? 5 Anil's indifference Select all correct answers curves (when LT completely A selfishi a. The outcome (I, I) is attained as the dominant strategy equilibrium Bala's payoff LI AniT's indifference only if both Anil and Bala are somewhat altruistic. 3 curves (when somewhat altruistic) b. The outcome (I, T) is attained as the dominant strategy equilibrium if Anil is completely selfish and Bala is somewhat altruistic. 2 T, T C. The outcome (I, T) is attained as the dominant strategy equilibrium 1 T.I if Anil is somewhat altruistic and Bala is completely selfish. d. The outcome (I, T) cannot be attained as the dominant strategy. 2 4 Anil's payoff

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