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Player 2 High quality 4, 4 High quality Low quality 8. 6 Player 1 Low quality High quality 6, 8 Player 2 Low quality 5,5

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Player 2 High quality 4, 4 High quality Low quality 8. 6 Player 1 Low quality High quality 6, 8 Player 2 Low quality 5,5 a) Is this a prisoner's dilemma? b) Does Player I have a first-mover advantage? c) Does Player 2 have a second-mover advantage? d) What is the best option for Player 1 & 2

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