The "prisoner's dilemma" game illustrates a case in which
A)individually rational behavior leads to a collectively inefficient outcome.
B)what is irrational individual behavior turns out to be ultra-irrational group behavior.
C)the whole is greater than the sum of the parts.
D)none of the above

Question

Quizplus · Accepted Answer

The "prisoner's dilemma" demonstrates how individuals, acting in their own best interests, can end up in a situation that is worse for all involved, illustrating a disconnect between individual rationality and collective efficiency.

The "Prisoner's Dilemma" Game Illustrates a Case in Which