Joe Confess Confess B: 10 years J: 10 years B: 1 year Confess J: 20 years Don't Bob Don't Confess B: 20 years J: 1 year

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Joe Confess Confess B 10 Years J 10 Years B 1 Year Confess J 20 Years Don T Bob Don T Confess B 20 Years J 1 Year 1 (55.23 KiB) Viewed 11 times

Joe Confess Confess B: 10 years J: 10 years B: 1 year Confess J: 20 years Don't Bob Don't Confess B: 20 years J: 1 year B: 2 years J: 2 years The table above displays the possible outcomes for Bob and Joe, who have been arrested for armed robbery and car theft. Which of the following is TRUE? Of Joe confesses. Bob should not confess If Bob confesses, Joe should confess The dominant equilibrium is that Joo and Bob both serve 2 years OH Joe does not confess, Bob should not confess.