I. COOPERATION BASICS
1. You should understand the one-shot Prisoner’s Dilemma (PD). Specifically, you should understand the payoffs for cooperation and defection (T, R, P, S) and what it means to say that T > R > P > S. You should understand why each player has a dominant strategy to defect and what this implies about the equilibrium of a one-shot game.
2. What does it mean to say the one-shot PD outcome is Pareto-suboptimal? Why is t......
Political Science Assignment Help
International Relations Theory
15 May 2019
Expiry Date: 15 May 2019