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Which of the Following Is a Defining Characteristic of a Prisoner's

Question 52

Multiple Choice

Which of the following is a defining characteristic of a prisoner's dilemma game?


A) There is no equilibrium in this game,so the strategic choice of one player is independent of the other's.
B) The equilibrium is not a Nash equilibrium.
C) The payoffs in equilibrium are lower than that could be achieved with different choices.
D) Self-interested behavior by each player results in maximum personal gain but lower social gain.

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