Multiple Choice
The "prisoner's dilemma" game illustrates a case in which
A) individually rational behavior leads to a collectively inefficient outcome.
B) what is irrational individual behavior turns out to be ultra-irrational group behavior.
C) the whole is greater than the sum of the parts.
D) the sum of the parts is greater than the whole.
Correct Answer:
Verified
Correct Answer:
Verified
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