Majed Is Playing a "Game" Against Rejan,and He Has to Choose

question 82

Multiple Choice

Majed is playing a "game" against Rejan,and he has to choose an option without knowing what Rejan will choose.Majed must choose how much money he will contribute to a common pot instead of putting it in his own account,when having X amount in the common pot will benefit both him and Rejan.This situation is called a(n) :

• A)commons dilemma.
• B)Prisoner's Dilemma.
• C)risky shift.
• D)ultimatum game.

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Definitions:

Rich

Having a great deal of money, resources, or assets; wealth.

Poor Countries

Nations with low levels of socioeconomic development, characterized by low incomes, high poverty rates, and limited access to basics.

Sociological Imagination

The ability to see the link between individual experiences and the larger society, as conceptualized by C. Wright Mills.

Global Impact

The effects or consequences of actions, events, or conditions that have a wide-reaching influence across the world.