The table below shows the payoff matrix for players A and B to strategies X and Z.
-Refer to the payoff matrix above.The outcome of this game would be classified as a
A) prisoner's dilemma because the players play their dominant strategies.
B) prisoner's dilemma because playing their dominated strategies would increase the players' payoffs.
C) Nash equilibrium because both players have dominant strategies.
D) disequilibrium.
E) prisoner's dilemma because both players choose the same strategy.

Question

The table below shows the payoff matrix for players A and B to strategies X and Z. 
-Refer to the payoff matrix above.The outcome of this game would be classified as a
A) prisoner's dilemma because the players play their dominant strategies. 
B) prisoner's dilemma because playing their dominated strategies would increase the players' payoffs. 
C) Nash equilibrium because both players have dominant strategies. 
D) disequilibrium. 
E) prisoner's dilemma because both players choose the same strategy.

Quizplus · Accepted Answer

The Answer of The table below shows the payoff matrix for players A and B to strategies X and Z. 
-Refer to the payoff matrix above.The outcome of this game would be classified as a
A) prisoner's dilemma because the players play their dominant strategies. 
B) prisoner's dilemma because playing their dominated strategies would increase the players' payoffs. 
C) Nash equilibrium because both players have dominant strategies. 
D) disequilibrium. 
E) prisoner's dilemma because both players choose the same strategy.

The Table Below Shows the Payoff Matrix for Players a and B