Blackadder and Baldrick are rational. self-interested criminals imprisoned in separate cells in a dark medieval dungeon. They
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Blackadder and Baldrick are rational. self-interested criminals imprisoned in separate cells in a dark medieval dungeon. They face the prisoner's dilemma displayed in the matrix.
Assume that Black adder is willing to pay $1,000 for each year by which he can reduce his sentence below 20 years. A corrupt jailer tells Black adder that before he decides whether to confess or deny the crime, she can tell him Baldrick's decision. How much is this information worth to Blackadder?
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