QUESTION 16 Select the best example of a company that faces the contributing dil

Question

QUESTION 16

Select the best example of a company that faces the contributing dilemma.

NPR Radio

Wikipedia

PBS

All of the above

2 points   

QUESTION 17

In the book’s example of a Prisoner’s Dilemma involving Joe and Ed, if Joe trusted Ed enough that he believed that Ed wouldn’t give evidence against him, Joe’s best choice would be to give evidence on Ed and completely avoid jail.

True

False

2 points   

QUESTION 18

Regulatory solutions to social dilemmas include nationalizing Commons, capping use and setting up tradable permits programs.

True

False

NPR Radio

Wikipedia

PBS

All of the above

Explanation / Answer

16) Wikipedia is a classic example of the company which faces a contributing dilemma, as a lot of people contribute to their content and all of that is used for the holistic good of the society and to track every person who has ever contributed to the system would be practically impossible.

17) False, Joe's best choice should be to remain quiet and not give any evidence against ED. As If Joe has trusted Ed for not giving the evidence, Ed may also have trusted Joe for the same.

and It is not ethically and morally correct to get Ed punished for the crime they both committed together.

Also if in any case they both gave the evidence, both of them would have to suffer the longest and hardest punishment.

18) True, Regulatory solutions to social dilemmas include all these, and not only these it has many incentives and other schemes which are also included to solve social dilemmas.

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