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show step and ans!! A game has two players. Each player has two possible strateg

ID: 1217922 • Letter: S

Question

show step and ans!!

A game has two players. Each player has two possible strategies. One strategy is Cooperate, the other is Defect. Each player writes on a piece of paper either a C for cooperate or a D for defect. If both players write C, they each get a payoff of $100. If both players write D, they each get a payoff of 0. If one player writes C and the other player writes D, the cooperating player gets a payoff of S and the defecting player gets a payoff of T. To defect will be a dominant strategy for both players if S + T > 100. S 100. T > 2S. S 100. S and T are any positive numbers.

Explanation / Answer

Since D is adominant starategy C will be right option other wise bothe the player will play C. So T>2S