The "Prisoners Dilemma" Can Be Described As

Multiple Choice

The "prisoners dilemma" can be described as:

A) A situation where prisoners representing industry players exhibit behavior showing that collusion would improve the outcome
B) A situation where prisoners rat on each other and finally get out of jail
C) A situation where no one can obtain an optimal outcome because actors are playing 'blind' and can only ever reach "Nash equilibria"
D) An invention of business journalists to illustrate the fight between substitute product sellers