Averting the prisoner's dilemma

Arial 11 + B U A 1 1 11 2 3 4 5 6 The prisoners' dilemma is a social dilemma because it shows how when each player acts in pursuit of his own interest without considering the outcome of the other player, it results in an outcome that would only benefit the player who acted in self interest while the other player does not benefit at all. If both players choose to cooperate, they would each receive 10 points and a higher mutual payoff than if both of them decided to defect. Even though each player would gain 4 points if they had decided to act in their own self interest, an outcome where both players receive an equal payoff without compromising the other player could be seen as the more desirable outcome. B. Suppose that both Row and Column are somewhat altruistic, so each $1 received by the other player is worth $0.50 to them. 1. Rewrite the payoffs in the table to account for the players' social preferences. Column Cooperate Defect Cooperate 10, 5 0, 14 Row Defect 14, 0 2, 1 2. What strategy would you expect each player to play in a one-shot game? Why? In a one-shot game, I would expect the column player to 3 How can social preferences help individuals solve the Prisoner's Dilemma