THE PRISONERS' DILEMMA: APPLICATIONS Which of the following phenomena are common mechanisms for sustaining cooperation in prisoners' dilemmas? (Mark all with this property.) Select one or more: ethical codes socialisation of costs delegation of authority underprovision of public goods internalisation of externalities contracts and treaties arms races internalisation of authority overuse of common goods socialisation of public goods
THE PRISONERS' DILEMMA: APPLICATIONS Which of the following phenomena are common mechanisms for sustaining cooperation in prisoners' dilemmas? (Mark all with this property.) Select one or more: ethical codes socialisation of costs delegation of authority underprovision of public goods internalisation of externalities contracts and treaties arms races internalisation of authority overuse of common goods socialisation of public goods
Chapter8: Game Theory
Section: Chapter Questions
Problem 8.11P
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THE PRISONERS' DILEMMA: APPLICATIONS
Which of the following phenomena are common mechanisms for sustaining cooperation in prisoners' dilemmas? (Mark all with this property.)
Select one or more:
ethical codes
socialisation of costs
delegation of authority
underprovision of public goods
internalisation of externalities
contracts and treaties
arms races
internalisation of authority
overuse of common goods
socialisation of public goods
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