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Study Group Free Riding

1. In the game shown below, change the ranking of values that Sally and Joe place on leisure and grades to change the game from a prisoners’ dilemma into a game of chicken with two equilibria.

2. Give advice to Joe about how to change the game to his advantage

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Upper left is an equilibrium if both students rank the outcomes as follows:

a. A grade of B and leisure is better than

b. a grade of A and no leisure, which is better than

c. a grade of C and leisure, which is better than

d. a grade of B and hard wor

 
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