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0, 12, & 13 Exam- Requires Respondus LockDown Browser Time Left:0:47:36Dalisia B

ID: 1166522 • Letter: 0

Question

0, 12, & 13 Exam- Requires Respondus LockDown Browser Time Left:0:47:36Dalisia Brown: Attempt 2 Question 10 (1 point) d Refer to the accompanying table. Confessing is Eddie's dominant strategy because: Sharon Confess Keep quiet 25 yoars in jail 40 years in jail Confess 25 years in jail Goes free Eddie Goes free 2 years in jail Keep quiet 40 yers in jail 2 years in jai A1 he spends more time in jail if he confesses, regardless of whether Sharon confesses or keeps quiet. B) Sharon's dominant strategy is to keep quiet. ci he spends less time in jail f he confess regardless of whether Sharon confesses or keeps quiet. D) he spends the same time in jail by confessing than he would by not confessing. Save Question 11 (1 point)

Explanation / Answer

c) he spends less time in jail if he confesses regardless of whether Sharon confesses or keeps quiet.

Dominant strategy is a strategy for a player i.e. best response to all strategy profile of other player. If all players in a game have a dominant strategy then we say that Game has dominant strategy equilibrium.