What Is True About the Following Payoff Matrix A)Players Cannot Jointly Do Better by Cooperating

question 20

Multiple Choice

What is true about the following payoff matrix? $$\begin{array} { | l | l | c | } \hline & { \text { A: not cooperate } } & \text { A: cooperate } \\\hline \text { B: do not cooperate } & \text { A: } 2 , \mathrm {~B} : 2 & \text { A: } 1 , \text { B: } 3 \\\hline \text { B: cooperate } & \text { A: } 3 , \mathrm {~B} : 1 & \text { A: } 0 , \text { B: } 0 \\\hline\end{array}$$

• A)Players cannot jointly do better by cooperating.
• B)Players cannot escape the 0-0 payoff.
• C)Player A is better off lying that he will not cooperate and then cooperate.
• D)Player B is better off lying that she will not cooperate and then cooperate.

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Definitions:

Ethical Perspective

The consideration of moral principles and values in decision-making processes, often guiding an individual or organization's behavior.

Widely Used

Describes something that is commonly or extensively utilized by a broad range of people or in various contexts.

Ethical Decision Making

involves making choices that are consistent with one's ethical values and the ethical values of the organization or society, considering the impact on all stakeholders.

Immanuel Kant

A German philosopher in the 18th century known for his contributions to metaphysics, epistemology, ethics, and aesthetics.