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Two Players in a Game Both Have an Incentive to Cheat

Question 261

Multiple Choice

Two players in a game both have an incentive to cheat no matter what the other player does.Furthermore,if both players cheat in this manner,both players will be worse off.This is a:


A) prisoners' dilemma.
B) tit-for-tat strategy.
C) price leadership model.
D) kinked demand curve model.

Correct Answer:

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