n the following 3-player game, the payoffs represent the number of years in jail. The equilibrium is ________   Group of answer choices Eric and Ned denies

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
Problem 2.16P
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In the following 3-player game, the payoffs represent the number of years in jail. The equilibrium is ________

 

Group of answer choices

Eric and Ned denies.

Eric and Tim confess, but Ned denies.

Eric confesses, Ned and Tim deny.

Eric and Time deny, but Ned confesses

Eric
Confess
Deny
Ned
Ned
Confess
Deny
Confess
Deny
Tim
Tim
6,6,8
Confess
Deny
Confess
Deny
4, 4, 2
2, 4, 4
6,8,6
4, 2, 4
8, 6, 6
Transcribed Image Text:Eric Confess Deny Ned Ned Confess Deny Confess Deny Tim Tim 6,6,8 Confess Deny Confess Deny 4, 4, 2 2, 4, 4 6,8,6 4, 2, 4 8, 6, 6
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