The equilibrium in the prisoners' dilemma i. minimises the prisoners' combined jail time.
Ii) has one prisoner confessing and the other denying.
Iii) is a Nash equilibrium.

Name: The equilibrium in the prisoners' dilemma i. minimises the prisoners' combined jail time. Ii) has one prisoner confessing and the other denying. Iii) is a Nash equilibrium.
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Question

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In the prisoners' dilemma, the Nash equilibrium occurs when both prisoners confess, which does not minimize their combined jail time.

The Equilibrium in the Prisoners' Dilemma I