Tyler and Pam are arrested and charged wi The police interview both suspects separately about their involvement in the crime. Each suspect has to make a decision. They can betray the other suspect by confessing that they both committed the crime, or they can cooperate with the other suspect by remaining silent. The table shows the sentences that Tyler and Pam will receive given their choices. Use the table to answer the question. 1171 for Tulor Tyler St si
Tyler and Pam are arrested and charged wi The police interview both suspects separately about their involvement in the crime. Each suspect has to make a decision. They can betray the other suspect by confessing that they both committed the crime, or they can cooperate with the other suspect by remaining silent. The table shows the sentences that Tyler and Pam will receive given their choices. Use the table to answer the question. 1171 for Tulor Tyler St si
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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
Transcribed Image Text:Tyler and Pam are arrested and charged with armed robbery.
The police interview both suspects separately about their
involvement in the crime. Each suspect has to make a
decision. They can betray the other suspect by confessing that
they both committed the crime, or they can cooperate with the
other suspect by remaining silent.
The table shows the sentences that Tyler and Pam will receive
given their choices. Use the table to answer the question.
What will be the dominant strategy outcome for Tyler
and Pam?
They both get 10 years.
Pam gets 5 years, and Tyler gets 15 years.
O
They both get 12 years.
O Tyler gets 5 years, and Pam gets 15 years.
Tyler
Stay
silent
Confess
Stay silent
Pam gets
10 years
Tyler gets
10 years
Pam gets
15 years
Pam
Tyler gets
5 years
Confess
Pam gets
5 years
Tyler gets
15 years
Pam gets
12 years
Tyler gets
12 years
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