The reason that the prisoner's dilemma presents a dilemma is that:
A)neither player has a comparative advantage, so neither can infer what the other player will choose.
B)the market cannot be in equilibrium because the players do not have dominant strategies.
C)each player has an incentive to play his or her dominant strategy, but when both choose the dominant strategy each player has a lower payoff than if they both had chosen the dominated strategy.
D)each player has an incentive to play his or her dominated strategy, but when both choose the dominated strategy each player has a lower payoff than if they both had chosen the dominant strategy.

Question

Quizplus · Accepted Answer

A prisoner's dilemma is a game in which each player has a dominant strategy, and when each plays it, the resulting payoffs are smaller than if both had played a dominated strategy. Thus, everyone would be better off if they did not pursue their narrow self-interest.

The Reason That the Prisoner's Dilemma Presents a Dilemma Is