Exhibit 15-4 Refer to Exhibit 15-4.Given the above prisoner's dilemma table,if Bonnie and Clyde each make self-interested decisions in a noncooperative game,how much time will each spend in jail?

Question

Exhibit 15-4  Refer to Exhibit 15-4.Given the above prisoner's dilemma table,if Bonnie and Clyde each make self-interested decisions in a noncooperative game,how much time will each spend in jail?

Quizplus · Accepted Answer

In a noncooperative game, each player will choose the strategy that gives them the highest payoff regardless of the other player's choice. In this case, if Bonnie confesses and Clyde remains silent, Bonnie will go free (0 years) and Clyde will get the maximum sentence (20 years). If Clyde confesses and Bonnie remains silent, Clyde will also go free while Bonnie gets the maximum sentence (20 years). If both confess, they will each receive a moderately high sentence of 8 years. Therefore, in a noncooperative setting, each player will confess, resulting in both of them receiving 8 years in jail.