Essay
Consider the classic prisoner's dilemma problem where both players get a payoff of - 1 if they're silent, both get a payoff of - 6 if they fink, and if only one finks that person receives the payoff of zero and the one that remains silent gets a payoff of - 9. When the two prisoners are kept separated the Nash equilibrium is for both to think. Does the Nash equilibrium change if the prisoners are permitted to discuss their choice in advance but are still required to plead separately?
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no. While both prisoners will agree to r...View Answer
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