Summarize the problem of the tyrannical boss

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a. Summarize the problem of the tyrannical boss?

b. why it is modeled as a prisoner dilemma?

c. Write the prisoner game matrix and find the equilibrium?

e. How block chain can help to solve the prisoner dilemma?

f. Develop new matrix that includes outcomes when a block chain is implemented. Find the new equilibrium (with block chain)?

g. Are there any other application where smart contracts can improve outcomes of a game?

Reference no: EM132602828

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