You Volunteer to Participate in a Game in Which You

question 32

Multiple Choice

You volunteer to participate in a game in which you are told that you and another participant, whom you will never meet but is playing nearby, must each make a decision: either to cooperate and benefit each of you, or to defect and benefit only yourself.Depending on how you and the other person choose, you stand to receive a certain amount of money.You are participating in the ____________________________ game.

• A) cooperation
• B) prisoner's dilemma
• C) ultimatum
• D) decision

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Definitions:

Atm

A unit of pressure defined as being equal to the pressure exerted by the Earth's atmosphere at sea level; approximately 101.325 kPa.

Volume

The amount of space that a substance or object occupies, or that is enclosed within a container.

°C

a unit of temperature on the Celsius scale, a measure relative to 0°C for the freezing point and 100°C for the boiling point of water at sea level.

Atm

An abbreviation for atmosphere, a unit of pressure equal to the pressure exerted by the Earth's atmosphere at sea level.