Multiple Choice
Which of the following is NOT a feature of the prisoner's dilemma?
A) It explains why cartels fail.
B) It describes how producers can lock themselves into a suboptimal outcome by pursuing their own self-interest.
C) It shows a dominant strategy for each of the players.
D) It explains why there is so much recidivism.
Correct Answer:
Verified
Correct Answer:
Verified
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