One-Time Games and the Prisoner's Dilemma

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Concept #1: Game Theory, One-Time Games, and the Prisoner's Dilemma

Concept #2: Dominant Strategy and the Nash Equilibrium

Concept #3: Collusion, Cartels, and Price Leadership

Concept #4: One-Time Games: Finding Dominant Strategies and Nash Equilibrium with the "Check and X" Method

Practice: Based on the information in the payoff matrix, which of the following is true? 

Practice: The game above has: 

Practice: In a cartel, the incentive to cheat is significant because