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.

Question

Quizplus · Accepted Answer

The prisoner's dilemma game shows that even though both players would benefit from cooperating, the dominant strategy for each player is to defect, leading to a collectively inefficient outcome. This highlights the concept of individually rational behavior leading to a collectively inefficient outcome.

The "Prisoner's Dilemma" Game Illustrates a Case in Which