a. In the prisoners' dilemma game self-interest leads each prisoner to confess. to a breakdown of any agreement that the prisoners might have made before being questioned to an outcome that is not particularly good for either prisoner.
What is prisoners' dilemma game?
The prisoner's dilemma is a common illustration of a game explored in game theory that demonstrates why two logical people could disagree even though it seems to be in their best interests to collaborate.
The possible outcomes:
- If A and B each betray the other, each of them serves two years in prison
- If A betrays B but B remains silent, A will be set free and B will serve three years in prison
- If A remains silent but B betrays A, A will serve three years in prison and B will be set free
- If A and B both remain silent, both of them will serve one year in prison (on the lesser charge).
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Thoreau meant B) No shanty comes close to as poor as mine.
<u>Explanation:</u>
Henry David Thoreau was a famous American poet and philosopher. He is best known for his book Walden. Not only essayist, he was also an advocate of civil liberties.
David Thoreau is a transcendentalist. He doesn’t have any religious beliefs but understands life relationships. According to Thoreau, life becomes easy if the demands are less. He believes that one’s demand for unwanted things causes stress in life.
The phrase “this is a dozen times as poor” used by Thoreau meant No shanty comes close to as poor as mine.
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Here is a short note on a a particular item of national wealth from my local community:
The Groundnut Pyramid seen in my local community was actually a source of wealth for my country. In the 1950s, the groundnut pyramid actually brought wealth to the local community. Also, it was a source of tourist attraction.
<h3>What is national wealth?</h3>
National wealth refers to the assets which are tangible and are held by a state. It is known to generate wealth for them.
We see here that the groundnut pyramid was a source of national wealth for my community.
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