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A Prisoner's Dilemma Describes a Nash Equilibrium Where

Question 230

Multiple Choice

A prisoner's dilemma describes a Nash equilibrium where


A) the payoffs are the lowest for both players.
B) an outcome exists that is better for both players.
C) one player achieves the highest payoff, while the other achieves the lowest payoff.
D) there is no dominant strategy for either player.

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