Answer Happy

Question C3. Two flatmates, Amy and Ben, decide each week whether to clean their flat or not. Their payoffs are described below: Ben Clean Amy Clean Don't Clean (30,30) (35,5) Don't Clean (5,35) (6,10) a) Define what the tit-for-tat strategy is in the context of the came outlined above. b) Suppose that the flatmates make their decision in order to maximise their discounted utility with a discount factor of 8. Compute the present value for each player when they follow the tit-for-tat strategy and when that player chooses their best alternative strategy. c) For what values of 8 can the tit-for-tat strategy support an outcome where both flatmates clean every week?