The game in the figure shown is a version of:
A) the prisoner's dilemma.
B) the first-mover advantage.
C) a sequential game.
D) a repeated game.

Question

The game in the figure shown is a version of:
A) the prisoner's dilemma. 
B) the first-mover advantage. 
C) a sequential game. 
D) a repeated game.

Quizplus · Accepted Answer

The game shown in the figure is the classic prisoner's dilemma game. The best choice for both players is to defect, which is the dominant strategy. This results in a Nash equilibrium where both players end up worse off than if they had cooperated.

The Game in the Figure Shown Is a Version Of