ECO 202 Principles of Microeconomics
Module 7 Discussion
Search the web and view the video clip Golden Balls – Â£100,000 Split Or Steal? 14/03/08.
After watching the video clip, answer the following questions:
How does the Prisonersâ€™ Dilemma apply in the game of Golden Balls?
Is the Prisonerâ€™s Dilemma entirely applicable in this game? Why or why not?
What would you do if you were playing this game? Explain your reasoning.