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Suppose a game is defined using the following pay-off matrix You defect You cooperate Partner defects You score 0 partneb Suppose a game is defined using the following pay

b. Suppose a game is defined using the following pay-off matrix. You defect You cooperate Partner defects You score 0, partne

b. Suppose a game is defined using the following pay-off matrix. You defect You cooperate Partner defects You score 0, partner scores 2 You score 2, partner scores 4 Partner cooperates Both score 2 Both score 3 Use the table to help answer the following questions. i. If your partner knows that you will cooperate, what strategy should they take to maximise their pay-off? What pay-off would you each receive? ii. If you wanted to minimise any pay-off your partner receives from defecting, what strategy should you use? Why might this be bad for you? iii. Why would it make sense for your partner to always defect?

Feb 07 2020 View more View Less

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