In a Prisoners' Dilemma Decision That Is Made Only One

question 18

Multiple Choice

In a prisoners' dilemma decision that is made only one time,

• A)the Nash equilibrium is a non-cooperative outcome.
• B)a set of decisions exists that is better than the Nash decisions for each and every oligopoly firm.
• C)the discount rate is irrelevant for decision making.
• D)rivals have no way to punish cheaters.
• E)all of the above.

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