Slides week 3 Flashcards

1
Q

What is the nash equilibrium in a one-shot PGG?

A

Nash equilibrium is contribute nothing

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2
Q

What is the nash equilibrium in a one-shot PGG with punishment?

A

Nash equilibrium: no contribution and no punishment, because punishment is too costly

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3
Q

What is altruism regarding game theory?

A

Prosocial behavior towards unidentified others

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4
Q
A
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