The Prisoners' Dilemma Game

question 196

Multiple Choice

The prisoners' dilemma game

• A)is a situation in which two players both have dominant strategies which lead to the highest total payoff for the two players.
• B)has no Nash equilibrium since players, after agreeing to play their dominant strategy, will have an incentive to switch to another strategy.
• C)has a Nash equilibrium, but the Nash equilibrium outcome is not the outcome the players would agree to if they could cooperate with each other.
• D)Both a and c are correct.

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