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After robbing a bank bonnie and Clyde are caught by the police and are separately given the choice to be silent or to confess and blame the partner. If both are silent, each gets one year in prison; if both confess, each gets 10 years in prison. If one of them confesses while another remains silent, the silent accomplice gets 20 years, and the person who confessed gets just six months. Draw the matrix representation of this version of the games out come

Microeconomics, Economics

  • Category:- Microeconomics
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