An example of a cooperative game is
A) the prisoner's dilemma.
B) a cartel.
C) the competitive model.
D) the monopolistically competitive model.

Question

Quizplus · Accepted Answer

A cartel is an example of a cooperative game because members of a cartel work together to set prices or output levels, coordinating their actions to achieve mutual benefit, unlike in the prisoner's dilemma where individuals act in their own self-interest potentially to the detriment of the collective.

An Example of a Cooperative Game Is