ECO202 Module 7 Discussion (September 2019)

ECO 202 Principles of Microeconomics

Module 7 Discussion

Search the web and view the video clip Golden Balls – £100,000 Split Or Steal? 14/03/08.

After watching the video clip, answer the following questions:

How does the Prisoners’ Dilemma apply in the game of Golden Balls?

Is the Prisoner’s Dilemma entirely applicable in this game? Why or why not?

What would you do if you were playing this game? Explain your reasoning.