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Slajd: 1
Then, the principal explains that punishment will be shorter if theyboth deny
Henry has chosen to admit. He can either receive a free pass or a 3 day suspension; it all depends on what Edward will choose.
I choose to confess!
Very well then.
This situation had a Nash Equilibrium. This is when each student could not gain a better outcome if they changed strategies when the other's strategy remains the same.
THE END
Slajd: 2
You have both chosen to admit, meaning that you will both receive a 3 day suspension.
If one of you decides to deny but the other confesses, the person that denies gets 5 day suspension and the other is free.
Well, at least it's even!
Henry should use the dominant strategy where it is hisbest response regardless of what Edward chooses.
Henry is contemplating about his choices. He can deny with a chance of having a long or neutrally small suspension or he can admit with either a neutrally long or good outcome.
Slajd: 3
Uhhh..
I will choose to admit
So, what will it be? Are you going to deny or admit?
Okay! Time for the reveal then!

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