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The Table Given Below Shows the Payoffs (In Terms of Years

Question 48

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The table given below shows the payoffs (in terms of years spent in the jail) to Sundance and Butch who choose between the options 'confess' and 'don't confess'.In each cell,the figure on the left indicates payoffs for Butch and the figure on the right indicates payoffs for Sundance. The table given below shows the payoffs (in terms of years spent in the jail) to Sundance and Butch who choose between the options 'confess' and 'don't confess'.In each cell,the figure on the left indicates payoffs for Butch and the figure on the right indicates payoffs for Sundance.   -In Table 14-5,what values for X and Y will make this payoff matrix a prisoner's dilemma? A) X = 3 years,Y = 11 years B) X = 11 years,Y = 3 years C) X = 5 years,Y = 5 years D) X = 1 years,Y = 1 years
-In Table 14-5,what values for X and Y will make this payoff matrix a prisoner's dilemma?


A) X = 3 years,Y = 11 years
B) X = 11 years,Y = 3 years
C) X = 5 years,Y = 5 years
D) X = 1 years,Y = 1 years

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