The prisoners' dilemma is an important game to study because:
A)it identifies the fundamental difficulty in maintaining cooperative agreements
B)most games present zero-sum alternatives
C)strategic decisions faced by prisoners are identical to those faced by firms engaged in competitive agreements
D)all of the above are true

Question

Quizplus · Accepted Answer

The prisoners' dilemma highlights the challenge in maintaining cooperative agreements, especially when individual rational choices lead to a collectively worse outcome. Choices B and C are not universally true regarding the prisoners' dilemma, as it does not always present zero-sum alternatives, nor are the strategic decisions of prisoners directly identical to those of firms in competitive agreements.

The Prisoners' Dilemma Is an Important Game to Study Because