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Answer to Question #75783 in Microeconomics for stan
Question #75783
In a prisoner’s dilemma with prisoners A and B, if they both confess, A gets 5 years and B gets 8
years. If both remain silent, A gets 2 years and B goes free. If one confesses and the other does
not, the one who confesses gets 1 year and the other gets 15 years. Which statement is TRUE of
this case?
years. If both remain silent, A gets 2 years and B goes free. If one confesses and the other does
not, the one who confesses gets 1 year and the other gets 15 years. Which statement is TRUE of
this case?
Expert's answer
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#340153 on Dec 2023
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