The Strategy That Worked Best in Axelrod's Experiments Using the Prisoners

question 40

Multiple Choice

The strategy that worked best in Axelrod's experiments using the Prisoners' Dilemma game was to:

• A) play the "cooperate" ("don't confess") strategy.
• B) play the "defect" ("confess") strategy.
• C) alternate between "cooperate" and "defect" strategies.
• D) play the "cooperate" strategy at first, and from then on do whatever the other player did in the previous round, cooperating if the other player did, and defecting if the other player did.
• E) play the "cooperate" strategy in the first round, and from then on cooperate so long as the other player does, but if the other player defects, then play the "defect" strategy from that time forward.

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Definitions:

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders. The corporation itself can own assets, borrow money, sue or be sued.

Debt-To-Equity Ratio

It's a financial indicator that compares the proportions of debt and shareholders' equity in funding company assets.

Total Assets

The aggregate of current and fixed assets held by a corporation.

Total Liabilities

The total amount of financial obligations or debts that a company owes to external parties.