Although Option 4 seems to be a no-brainer, the Nash equilibrium answer is that both prisoners should betray each other. Think about it. So far, I have attempted to characterise how market participants may be interacting with each other. Let me now turn to how others look at you. The general unsuspecting public associates you with a certain aura, a certain angle of poise.
Toshihiko Fukui: Economic situation in Japan and abroad Summary of a speech by Mr Toshihiko Fukui, Governor of the Bank of Japan, at a meeting in Osaka, 2 September 2004. *  *  *  Today I will discuss the economic situation at home and abroad, and the conduct of monetary policy.