Question
3. The following matrix represents the famous prisoner's dilemma game. Where two criminals were caught and put into custody in two different cells where they
3. The following matrix represents the famous prisoner's dilemma game. Where two criminals were caught and put into custody in two different cells where they are then asked questions to see if they are guilty of other crimes of which they are also suspected. If both are silent, both have only 1 year in prison, if one is silent and the other confesses, the one who is silent has 9 years in prison and the one who confesses is released, If both confess, both remain in prison for 6 years.Find the Nash equilibrium (explain step by step how I arrive at its equilibrium, either by strictly dominated strategies or best answers).
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