Which of the following is true of the prisoners' dilemma game?
A) The prisoners' dilemma game has multiple Nash equilibria.
B) There is no dominant strategy equilibrium in the prisoners' dilemma game.
C) The dominant strategy equilibrium in the prisoners' dilemma game is also the Nash equilibrium.
D) The prisoners' dilemma game is an extensive-form game.

Question

Quizplus · Accepted Answer

The dominant strategy in the prisoners' dilemma game, where each player chooses to betray the other, leads directly to the Nash equilibrium. This is because, regardless of the other player's choice, betraying yields a better outcome for each player, making it the dominant strategy and thus aligning with the Nash equilibrium where no player can benefit by changing their strategy unilaterally.

Which of the Following Is True of the Prisoners' Dilemma