Which of the following strictly qualifies as a game
according to game theory
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The Prisoner’s Dilemma Scenario: the police have arrested two suspects for a crime. They tell each prisoner they’ll reduce his/her prison sentence if he/she betrays the other prisoner. Each prisoner must choose between two actions: cooperate with the other prisoner, i.e., don’t betray him/her defect (betray the other prisoner). Payoff = – (years in prison): Each player has only two strategies
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Elimination in all format of games to qualified in any game.
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