Give two examples other than oligopoly that show how the prisoners dilemma helps to explain behavior.

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Give two examples other than oligopoly that show how the prisoners’ dilemma helps to explain behavior.

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Principles of economics

ISBN: 978-0538453042

6th Edition

Authors: N. Gregory Mankiw

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Question Posted: Dec 14, 2012 07:02 AM

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Give two examples other than oligopoly that show how the prisoners dilemma helps to explain behavior.

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The arms race and common resources are some examples of how the prisoners dilemma helps to explain ...View the full answer

Principles of economics

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