Economic Analysis of Social Issues 1st Edition by Alan Grant

Exercise 8

Consider the following games:
Game J.

Game K.

Game L.

For each game, answer the following four questions:
a. Is the game a prisoner's dilemma game?
b. If your answer to part (a) is "yes," then what is each player's "cooperate" strategy?
c. If your answer to part (a) is "yes," then what is each player's "defect" strategy?
d. If your answer to part (a) is "no," explain why the game is not a prisoner's dilemm
a.