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to have in order to decide which action to take. 3 In each of the following three payoff tables, two decision makers, Gates and Dell,

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to have in order to decide which action to take. 3 In each of the following three payoff tables, two decision makers, Gates and Dell, must make simultaneous decisions to either cooperate or not cooperate with each other. Ex- plain, for each payoff table, why it does or does not represent a prisoners' dilemma situation for Dell and Gates. a. Gates Don't cooperate Cooperate Don't cooperate $75, $75 $600, $50 Dell Cooperate $ 100, $300 $400, $400 b. Gates Don't cooperate Cooperate Don't cooperate $100, $100 $300, $200 Dell Cooperate $200, $300 $500, $500 Gates C. Don't cooperate Cooperate $ 100, $100 $600, $50 Don't cooperate Dell $50, $600 $500, $500 Cooperate

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