5:37PM Sun Apr 28 coe 0 R P8 o Not yet answered Question 15 Points out of 1.00 Player 2 18 Go Stop GO -5.00 -5.00 1.00 0.00 Player 1 Stop 0.00 1.00 -1.00 -1.00 . . . Play the game above. How many Nash Equilibrium/a is/are there? Answer: Answer Not yet answered Question 16 Points out of 1.00 Country B Cheat Don't Cheat Cheat (4,4) (8,1) Country A Don't Cheat (1,8) (6,6) Play the game above. Name the Nash Equilibrium/a strategies. Answer: Answer Not yet answered Question 17 Points out of 1.00 Two suspects are arrested by the police. The police have insufficient evidence for a conviction, and, having separated both prisoners, visit each of them to offer the same deal. If one testifies (defects from the other) for the prosecution against the other and the other remains silent (cooperates with the other), the betrayer goes free and the silent accomplice receives the full 8-year sentence. If both remain silent, both prisoners are sentenced to only 1 year in jail for a minor charge. If each betrays the other, each receives a 4-year sentence. Each prisoner must choose to betray the other or to remain silent. Each one is assured that the other would not know about the betrayal before the end of the investigation. Describe your payoff matrix in words. That is...what are the strategies? What are the payoffs for each player and strategy