Outline and assess the contribution of the prisoner’s dilemma to our understanding of decision-making and bargaining and discuss how a cooperative outcome can be achieved.

– Literature based on Chap 5 of Book: Economic approaches to organizations (Author: Douma, S. W. I- Sixth edition – 2017 – Pearson Education)

– Be brief. Build application on the fundamental theory and always explain “Why?/How?” when providing any statement. Must show connectons between theory and application.

– Back up with evidence. Showing pros and cons when needed (don’t need to totally agree with author’s view)

– Using provided materials.

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