Business, 08.11.2019 04:31 lisa5250

After teaching a class on game theory. your instructor announces that if every student fails to post on the last discussion board everyone will receive full credit for that post. however, if one or more students post to the discussion board, all responses will be graded and anyone who fails to post on the last discussion board will get a zero. assume that there is no chance for you and your classmates to discuss the situation before submitting the post. will the entire class fail to post? choose one o a. no, because the dominant strategy of the best-prepared students is to post to the discussion board. o b. yes, because everyone assumes that all other classmates will not post a response. o c. yes, because this strategy offers the best result for everyone. o d. no, because there is always at least one selfish person in the class who will post to the discussion board

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After teaching a class on game theory. your instructor announces that if every student fails to post...