In Which of the Following Games Is It Clearly the Case

question 456

Multiple Choice

In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and bad for society?

• A)Two oil companies own adjacent oil fields over a common pool of oil, and each company decides whether to drill one well or two wells.
• B)Two airlines dominate air travel between City A and City B, and each airline decides whether to charge a "high" airfare or a "low" airfare on flights between those two cities.
• C)Two superpowers decide whether to build new weapons or to disarm.
• D)In all of the above cases, the cooperative outcome of the game is good for the two players and bad for society

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Definitions:

Unsafe Effects

Consequences or outcomes of a process, operation, or design that can potentially lead to harm or danger to people, systems, or the environment.

Examine On Instruction

A programming command used in PLCs to check if a particular condition or input is true (on) before executing subsequent instructions.

Output Status

The current condition or state of an output device, indicating whether it is active, inactive, or in a fault condition.

MCR Instruction

Stands for "Master Control Reset," a programmable logic controller (PLC) instruction used to control the execution of a block of logic.