Which of the following conditions, if present, is sufficient to make a game cooperative?
A) Individual payoffs are greater if all players choose the same strategy.
B) Players can communicate with each other.
C) Players can negotiate binding contracts committing them to particular strategies.
D) Players must agree unanimously on any set of strategies.
E) The payoff that is highest for all individuals together is also highest for each individual player.

Question

Quizplus · Accepted Answer

C) Players can negotiate binding contracts committing them to particular strategies is a defining feature of cooperative games, as it allows players to make commitments and enforce agreements, distinguishing them from non-cooperative games where such enforceable agreements are not possible.

Which of the Following Conditions, If Present, Is Sufficient to Make