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Solve the following sequential game that represents the prisoner's dilemma game. Now prisoner 1 (player 1) decides first if he will remain silent (silence) or
Solve the following sequential game that represents the prisoner's dilemma game. Now prisoner 1 (player 1) decides first if he will remain silent (silence) or confess and therefore betrays (betray) his partner prisoner 2 (player 2). The blue numbers are player 1's payoffs, the red numbers are player 2's payoffs. Solve the problem and explain what is happening.
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