In the following payoff table, two decision makers, Gates and Dell, must make si

Question

In the following payoff table, two decision makers, Gates and Dell, must make simultaneous decisions to either cooperate or not cooperate with each other. Explain for each payoff table, why it does or does not represent a prisoner's dilemma situation for Dell and Gates.

Payoff table A:
                                                                   Gates

                                          Not Cooperate                  Cooperate
Dell             Not Cooperate                 $75$75                     $600$50

                        Cooperate                      $100$300                       $400$400

Payoff table B:
                                                                   Gates

                                          Not Cooperate                  Cooperate
Dell             Not Cooperate                  $100$100                  $300$200

                        Cooperate                      $200$300                       $500$500

Payoff table C:
                                                                   Gates

                                          Not Cooperate                  Cooperate
Dell             Not Cooperate                  $100$100                  $600$50

                        Cooperate                      $50$600                       $500$500

Explanation / Answer

A ) NO as 75<100 &600 .>400

B) no as100<200 &300<500

c) yes as 100>50 & 600>500 (yes means they represent)

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