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Answer to Question #96959 in Microeconomics for Abdishakur
Question #96959
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?
Expert's answer
There is a dominant strategy for both A and B to confess.
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