In a Prisoners' Dilemma Game

question 93

Multiple Choice

In a prisoners' dilemma game,

• A)the solution when playing the game once will be the same as the solution when the players play the game repeatedly, since agreements cannot be maintained in a prisoners' dilemma.
• B)if the players play the game repeatedly, the players can achieve a higher payoff, on average, than when they play the game only once.
• C)repeated play will always result in a better outcome for both players than when the game is played only once.
• D)the tit-for-tat strategy in repeated play requires players to always select the opposite strategy as their opponent.

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Definitions:

Induction

A reasoning process that involves making generalizations based on specific examples or observations.

Venus

The second planet from the Sun, known for its bright appearance and often referred to as the "morning star" or "evening star".

Horizon

The line where the earth's surface and the sky appear to meet; metaphorically, it can also refer to the limit of a person's knowledge, experience, or interest.

Deductive Steps

Logical sequences where the conclusion necessarily follows from the premises, ensuring the conclusion's truth if the premises are true.