Identify and explain the prisoners dilemma and how it applies to real-world situations. LO3 Explain games in which the timing of players choices matters. LO4 Discuss strategies that enable players to solve commitment problems through material or psychological incentives.

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Identify and explain the prisoners dilemma and how it applies to real-world situations. LO3 Explain games in which the timing of players choices matters. LO4 Discuss strategies that enable players to solve commitment problems through material or psychological incentives.

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