The Prisoners' Dilemma Is a Game in Which

question 275

Multiple Choice

The prisoners' dilemma is a game in which

• A) the dominant strategy for all participants is to choose a strategy that makes them all worse off.
• B) the dominant strategy is to cooperate.
• C) only one of the firms is able to make above-normal profits.
• D) each firm, in making decisions on the basis of its own self-interest, also makes decisions that benefit the group as a whole.

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Definitions:

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