Use the following table to answer the question : Table 14-5: shows the payoffs (in terms of years spent in the jail)to Sundance and Butch who choose between the options 'confess' and 'don't confess'.In each cell,the figure on the left indicates payoffs for Butch and the figure on the right indicates payoffs for Sundance.

-In Table 14-5,what values for X and Y will make this payoff matrix a prisoner's dilemma?
A)X = 3 years,Y = 11 years
B)X = 11 years,Y = 3 years
C)X = 5 years,Y = 5 years
D)X = 1 years,Y = 1 years

Question

Use the following table to answer the question : Table 14-5: shows the payoffs (in terms of years spent in the jail) to Sundance and Butch who choose between the options 'confess' and 'don't confess'.In each cell,the figure on the left indicates payoffs for Butch and the figure on the right indicates payoffs for Sundance.

-In Table 14-5,what values for X and Y will make this payoff matrix a prisoner's dilemma?

-In Table 14-5,what values for X and Y will make this payoff matrix a prisoner's dilemma?
A)X = 3 years,Y = 11 years 
B)X = 11 years,Y = 3 years 
C)X = 5 years,Y = 5 years 
D)X = 1 years,Y = 1 years

Quizplus · Accepted Answer

The Answer of Use the following table to answer the question : Table 14-5:  shows the payoffs (in terms of years spent in the jail)to Sundance and Butch who choose between the options 'confess' and 'don't confess'.In each cell,the figure on the left indicates payoffs for Butch and the figure on the right indicates payoffs for Sundance.

-In Table 14-5,what values for X and Y will make this payoff matrix a prisoner's dilemma?
A)X = 3 years,Y = 11 years 
B)X = 11 years,Y = 3 years 
C)X = 5 years,Y = 5 years 
D)X = 1 years,Y = 1 years

Use the Following Table to Answer the Question : Table