If a player has an incentive to cheat whatever the other player does, and if both players act in this manner, both players will be worse off, the situation is referred to as a:

Question

Quizplus · Accepted Answer

The situation described is a classic example of the prisoners' dilemma, where both players have a dominant strategy to cheat regardless of what the other player does, resulting in a detrimental outcome for both parties.

If a Player Has an Incentive to Cheat Whatever the Other