AAssume that this Friday you would like to go to the club Yo

A.Assume that this Friday you would like to go to the club. You ask your friends to go with you, but they all want to go to the movies. Despite your friends not wanting to go with you, you decide to go to the club anyway because you really want to go dancing. This type of thinking BEST resembles a:

best-response strategy.

tit-for-tat strategy.

dominant strategy.

grim strategy.

B.In the Prisoner\'s Dilemma, if the prisoners could collude:

both prisoners would be better off confessing.

their prison sentences would be maximized.

both prisoners would be better off not confessing.

the best outcome for both prisoners occurs if one confesses and the other does not.

Solution

a) The first scenario given is an example of \"best response strategy\", in the best response strategy both the players will get the best results which they are looking for.

b) In a prisoners dilemma if the prisoners could collude both the prisoners will be better off not confessing. It will be cooperative behavior which will reduce the jail term for both the prisoners. The answer is \"C\".