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Tidy Tidy
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Posts: 4852
8 years ago
Which of the following statements about the prisoner's dilemma is false?
A) The prisoner's dilemma in a one-shot game leads to a noncooperative, equilibrium outcome.
B) The prisoner's dilemma in repeated games could lead to cooperation especially if there is some enforcement mechanism that punishes a player who does not cooperate.
C) Players caught in a prisoner's dilemma act in selfish ways that lead to an equilibrium that is sub-optimal.
D) The prisoner's dilemma game can never reach a Nash equilibrium as long as players do not cooperate.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
Chimelo46Chimelo46
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Posts: 5641
8 years ago
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lizheng

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wrote...
8 years ago
It was nothing, thanks for updating us.
wrote...
2 years ago
thank you
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