In the prisoner's dilemma game:
A)a negative-negative outcome can be predicted.
B)a dominant strategy exists for both players.
C)a noncooperative equilibrium can be predicted.
D)All of these statements are true.

Question

Quizplus · Accepted Answer

All of the statements are true. Negative-negative outcome refers to both players losing. Dominant strategies exist for both players, meaning that regardless of what the other player chooses, each player has a strategy that will yield a higher payoff. The noncooperative equilibrium refers to the outcome where both players choose to not cooperate with each other, even though cooperating would result in a better outcome for both.

In the Prisoner's Dilemma Game