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So I have this question regarding game theory. How can I by using a matrix, find the optimal strategies for each player in the prisoner dilemma, and calculate the odds of them choosing that option?

 

 

Confess

Deny

Confess

3 years / 3 years

10 years / 1 years

Deny

1 years / 10 years

2 years / 2 years

 

Thanks for the help!

 May 17, 2019

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