Nick Has Been Subliminally Exposed to the Word "Hostile," Dan

question 51

Multiple Choice

Nick has been subliminally exposed to the word "hostile," Dan to the word "house," and Felix to the word "hungry." Which of these men is most likely to defect on a majority of the trials in a prisoner's dilemma game?

• A) Nick
• B) Dan
• C) Felix
• D) None of these men is likely to defect on a majority of trials.

---

Definitions:

Price

The price to be paid to secure a good, service, or asset.

Leftover Income

Leftover Income refers to the amount of income remaining after all expenses and taxes have been paid.

Budget Constraint

An economic model that represents all the combinations of goods and services a consumer can afford given their income and the prices of goods.

Bundle

A collection of products or services sold as a single package deal, often at a discounted price.