good service, do you think people are always self- ish in the narrowest sense? (LO4) e a small firm k sedans. The 3. Blackadder and Baldrick are rational, self-interested criminals imprisoned in separate cells in a dark medie- val dungeon. They face the prisoner's dilemma dis- played in the matrix. ching pen- ach of you ther heads ne in your Assume that Blackadder is willing to pay $1,000 for each year by which he can reduce his sentence below 20 years. A corrupt jailer tells Blackadder that before he decides whether to confess or deny the crime, she ou simul- er. If the p side of can tell him Baldrick's decision. How much is this infor- mation worth to Blackadder? (LO2) pennies. to keep are each atrix for Blackadder Deny Confess ? If so, O for Baldrick 5 years for each Confess 20 years for Blackadder uarters If she offered Harry's Baldrick 20 years for Baldrick 1 year for each Deny game O for Blackadder unt of strate- each

Question

Number 3 

good service, do you think people are always self-
ish in the narrowest sense? (LO4)
e a small firm
k sedans. The
3. Blackadder and Baldrick are rational, self-interested
criminals imprisoned in separate cells in a dark medie-
val dungeon. They face the prisoner's dilemma dis-
played in the matrix.
ching pen-
ach of you
ther heads
ne in your
Assume that Blackadder is willing to pay $1,000 for
each year by which he can reduce his sentence below
20 years. A corrupt jailer tells Blackadder that before
he decides whether to confess or deny the crime, she
ou simul-
er. If the
p side of
can tell him Baldrick's decision. How much is this infor-
mation worth to Blackadder? (LO2)
pennies.
to keep
are each
atrix for
Blackadder
Deny
Confess
? If so,
O for Baldrick
5 years
for each
Confess
20 years for Blackadder
uarters
If she
offered
Harry's
Baldrick
20 years for Baldrick
1 year
for each
Deny
game
O for Blackadder
unt of
strate-
each
Expand
Transcribed Image Text

good service, do you think people are always self- ish in the narrowest sense? (LO4) e a small firm k sedans. The 3. Blackadder and Baldrick are rational, self-interested criminals imprisoned in separate cells in a dark medie- val dungeon. They face the prisoner's dilemma dis- played in the matrix. ching pen- ach of you ther heads ne in your Assume that Blackadder is willing to pay $1,000 for each year by which he can reduce his sentence below 20 years. A corrupt jailer tells Blackadder that before he decides whether to confess or deny the crime, she ou simul- er. If the p side of can tell him Baldrick's decision. How much is this infor- mation worth to Blackadder? (LO2) pennies. to keep are each atrix for Blackadder Deny Confess ? If so, O for Baldrick 5 years for each Confess 20 years for Blackadder uarters If she offered Harry's Baldrick 20 years for Baldrick 1 year for each Deny game O for Blackadder unt of strate- each

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