Why the policeman threat is actually not credible

Reference no: EM13178114

A small time crook is being interrogated by a policeman. The crook committed a petty crime, but everyone knows that gathering sufficient evidence to prove it will be time consuming for the police. The policeman tells the crook that if she doesn't confess, he's going to spend all of his time making sure that she gets the harshest sentence possible. The crook, in light of the threat, confesses. Analyze these game strategies. Verify that this scenario represents a Nash equilibrium, provided that the policeman would actually follow through with his threat. Now verify that the subgame-perfect equilibrium is for the crook not to confess and for the policeman to go back on his threat. That is, explain why the policeman's threat is actually not credible.

Reference no: EM13178114

Questions Cloud

What is the probability that you obtain a black ball : What is the probability that you obtain a black ball?

Connections between culture and structure : Culture and social structures are basic core concepts in sociology. Discuss each along with the connections between culture and structure.

Determine the steady state temperature : Write computer code to determine the steady state temperature at the five co-ordinates in the rectangular region: (a/4,b/4), (3a/4,b/4), (a/4,3b/4), (3a/4,3b/4), (a/2,b/2) using the first 100 terms of the series solution (n = 1 to 100).

What is the constraint on money to invest : Profit for each big shelf is $85 and for each medium shelf is $75. What is the constraint on money to invest?

Why the policeman threat is actually not credible : Now verify that the subgame-perfect equilibrium is for the crook not to confess and for the policeman to go back on his threat. That is, explain why the policeman's threat is actually not credible.

How many shares had he bought : a man purchased some shares of stock for 1560. later, when the price had gone up 24 per share, he sold all but ten of them for 1520. how many shares had he bought?

Experience limits-reality : Hume is not simply saying that we learn from experience. He is saying that experience limits what claims we can make about reality? What do you think about this?

Which set is more variable : size of u.s. states. the total surface area (in square miles) for each of six selected Eastern states is listed here. Which set is more variable?

How many of each type were sold : A jazz concert brought in $166,500 on the sale of 8,100 tickets. If the tickets sold for $15 and $25 each, how many of each type were sold?

User Account

All Pages