In a prisoner's dilemma, the Nash Equilibrium might not have a dominant strategy for either player.

Name: In a prisoner's dilemma, the Nash Equilibrium might not have a dominant strategy for either player.
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

In a prisoner's dilemma, the Nash Equilibrium might not have a dominant strategy for either player.
​

Quizplus · Accepted Answer

In a prisoner's dilemma, the Nash Equilibrium occurs when each player chooses their dominant strategy, which typically results in an outcome that is not optimal for either player but is stable because neither has an incentive to deviate unilaterally.

In a Prisoner's Dilemma, the Nash Equilibrium Might Not Have