You volunteer to participate in a game in which you are told that you and another participant, whom you will never meet but is playing nearby, must each make a decision: either to cooperate and benefit each of you, or to defect and benefit only yourself.Depending on how you and the other person choose, you stand to receive a certain amount of money.You are participating in the ____________________________ game.
A) cooperation
B) prisoner's dilemma
C) ultimatum
D) decision
Correct Answer:
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