Multiple Choice
Caven and John have been arrested by the police,who have evidence that will convict them of robbing a bank.If convicted,each will receive a sentence of 6 years for the robbery.During questioning,the police suspect that Caven and John are responsible for a series of bank robberies.If both confess to the series,each will receive 12 years in jail.If only one confesses,he will receive 4 years and the one who does not confess will receive 14 years.What is the equilibrium for this game?
A) Both deny.
B) Caven confesses and John denies.
C) John confesses and Caven denies.
D) Both confess.
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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