In a prisoner's dilemma, the Nash equilibrium occurs where
A) neither person ends up with their best outcome.
B) both end up with their best outcome.
C) only one ends up with his best outcome.
D) the one who goes first ends up with his best outcome.

Question

Quizplus · Accepted Answer

In a prisoner's dilemma, the Nash equilibrium occurs when both players choose to betray each other, resulting in a suboptimal outcome for both, rather than cooperating for a better collective outcome.

In a Prisoner's Dilemma, the Nash Equilibrium Occurs Where