Suppose that all countries in the world agree that it is important to undertake policies to reduce global warming and its associated negative economic effects. If the countries agree to undertake these policies, the prisoner's dilemma setting that this situation places the countries in would lead one to conclude that
A)each country will have an incentive not to implement the agreed upon policies.
B)smaller countries will implement the agreed upon policies, but larger countries will not.
C)each country will have an incentive to implement the agreed upon policies.
D)larger countries will implement the agreed upon policies, but smaller countries will not.

Question

Quizplus · Accepted Answer

In a prisoner's dilemma, each party has an incentive to defect from the agreed course of action to benefit from others' compliance while avoiding the cost of compliance themselves. This leads to the conclusion that each country would have an incentive not to implement the agreed-upon policies to reduce global warming, hoping to benefit from the efforts of others while avoiding the costs of implementing those policies themselves.

Suppose That All Countries in the World Agree That It