A Prisoner's Dilemma Describes a Nash Equilibrium Where

question 230

Multiple Choice

A prisoner's dilemma describes a Nash equilibrium where

• A) the payoffs are the lowest for both players.
• B) an outcome exists that is better for both players.
• C) one player achieves the highest payoff, while the other achieves the lowest payoff.
• D) there is no dominant strategy for either player.

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