The Prisoner's Dilemma Refers to Games in Which

question 3

Multiple Choice

The prisoner's dilemma refers to games in which:

• A)neither player has a dominant strategy.
• B)one player has a dominant strategy and the other does not.
• C)both players have a dominant strategy which results in a lower payoff than they would earn if they play their dominated strategies.
• D)both players have a dominant strategy which results in the largest possible payoff.

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