What is the dilemma that lies at the heart of the one-shot prisoner's dilemma game?
a. that neither player can be sure that the other will cooperate
b. that both players are forced to decide without knowing the decision of the other
c. that players make their decisions based on what they anticipate the other player deciding
d. that individually it is rational for each player to cooperate, but collectively this is not possible to achieve
e. that it is entirely rational for both players to choose individually an outcome that is collectively suboptimal
Answer: e
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The U.S. was able to achieve a balanced federal budget in the late 1990s because
A) the Cold War ended a few years earlier, greatly reducing government expenses. B) divided government in the country finally ended and the executive and legislative branches were able to work together on a plan to balance the budget. C) increased overseas trade with other countries caused by globalization led to increased tariff revenue for the government. D) it became clear that the Republican Congress would not approve Democratic President Clinton's initiatives and that likewise, the Democratic president would not approve the Republican Congress's spending initiatives, so the government began to spend considerably less because of this gridlock. E) of unprecedented economic growth.
What does the critique of Obama's handling of the debt ceiling crisis by the New York Times illustrate?
A)the shift to an institutional approach to the presidency by the media B)the inherently political relationship between presidents and the media C)the continued commitment of pundits to the personal presidency D)the diminished discussion of partisanship and presidential action