00:02
Hello, here we have two players, sili, which has two strategies produce 3 ,000 and 4 ,000 matrices, and the pay -off will be 25 ,000 in this cell, 10, and x, which is not a the second player has 25 35 and 35 and 35 and the same strategies 3 ,000 mattresses and this is temporal pedic company so here we have payoffs and the question is, the game would definitely be considered as a prisoner dilemma if x is between which numbers.
01:18
So as we know, for prisoner dilemma, the nash equilibrium outcome will be worth than one of the cells outcomes for both players.
01:37
So let's look.
01:40
If temporetic produces 3 ,000 patresses, sili will produce 35.
01:50
And we need to choose this strategy as a dominant strategy.
01:58
So x should be greater than 10.
02:02
So we know that x should be greater than 10.
02:07
And the same for tempropedic.
02:11
If sealy produces 3 ,000, 10patic would choose 4...