For a Game Involving Two Players with Two Possible Strategies,which

question 110

Multiple Choice

For a game involving two players with two possible strategies,which of the following is a requirement for a prisoner's dilemma?

• A)Neither player has a dominant strategy.
• B)The payoff for each player if both play the dominated strategies must be more than the payoff for each player if both play dominant strategies.
• C)The payoff if both play the dominant strategies must be more than the payoff if both play their dominated strategies.
• D)There is no Nash equilibrium.

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