Victoria DuBois, Chapter 2, Question 6

Chapter 2 was all about incentives and one of the most intresting passages from this chapter was when Wheelan explained that greed is not always good, although Gordon Gekko lead people to believe that it is in the movie Wall Street. In this part of the chapter, Wheelan talks about the example of two men getting arrested for murder. Both get interrogated by the police and the way that police swing it is by giving each if them an option to confess and their time will be shortened. If they both talk, they'll be charged with illegal possession of a weapon and if they both confess they'll go away for 25 years. But if only one of them snitches on the other, then that man will be put away for 3 years while the other man does the full time. In the end, both of them will most likely choose to confess because neither wants the whole murder pinned on themselves. So both of them confess and they both end up getting 25 years. So because both men were greedy, they ended up with the same amount of time, but their thought process was completely logical for human beings.