A prisoner's dilemma is a game in which:
A)neither player has a dominant strategy.
B)one player has a dominant strategy and the other does not.
C)the players' payoffs are smaller when both play their dominant strategy compared to when both play a dominated strategy.
D)the players' payoffs are larger when both play their dominant strategy compared to when both play a dominated strategy.

Question

Quizplus · Accepted Answer

A prisoner's dilemma is a game in which each player has a dominant strategy, and when each plays it, the resulting payoffs are smaller than if both had played a dominated strategy.

A Prisoner's Dilemma Is a Game in Which