Tell the story of the prisoners’ dilemma. Write down a table showing the prisoners' choices and explain which outcome is likely. • What does the prisoners’ dilemma teach us about oligopolies?
Principles of Microeconomics
Principles of Microeconomics
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Tell the story of the prisoners’ dilemma. Write down a table showing the prisoners' choices and explain which outcome is likely. • What does the prisoners’ dilemma teach us about oligopolies?
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