Which of the following is NOT a feature of the prisoner's dilemma?
A) It explains why cartels fail.
B) It describes how producers can lock themselves into a suboptimal outcome by pursuing their own self-interest.
C) It shows a dominant strategy for each of the players.
D) It explains why there is so much recidivism.

Question

Quizplus · Accepted Answer

The prisoner's dilemma does not directly explain why there is so much recidivism. It is a concept in game theory that illustrates how rational individuals may not cooperate even if it is in their best interest to do so.

Which of the Following Is NOT a Feature of the Prisoner's