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Prisoners' Dilemma Describes a Case Where

Question 30

Multiple Choice

Prisoners' dilemma describes a case where


A) collusion of the participants leads to the best solution from their point of view.
B) competition among a large number of firms leads to lower overall profit.
C) one prisoner has no chance to be acquitted since there is no other prisoner to support his testimony.
D) a prisoner has no incentive to confess to his crime,and stands a greater chance of not going to prison.
E) the outcome is a dominant-strategy equilibrium.

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