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The Equilibrium in the Prisoners' Dilemma

question 186

Multiple Choice

The equilibrium in the prisoners' dilemma
i.minimizes the prisoners' combined jail time.
ii.has one prisoner confessing and the other denying.
iii.is a Nash equilibrium.


Definitions:

Assimilation

The process through which individuals or groups of differing ethnic heritage are absorbed into the dominant culture of a society.

Accommodation

The process of adapting or adjusting to someone or something, often to make coexistence more harmonious.

Incorporating

The process of legally declaring a body as a corporation, thereby enabling it to enjoy legal rights, incur liabilities, and conduct business.

Simple Reflexes

Basic, involuntary motor responses triggered by specific stimuli that are present from birth.

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