An example of a noncooperative game is
A) a cartel.
B) a price-fixing model.
C) a joint-profit maximization model.
D) the prisoner's dilemma.

Question

Quizplus · Accepted Answer

The prisoner's dilemma is a classic example of a noncooperative game, where individuals cannot make enforceable agreements and must make decisions without knowing the other's choice, often leading to suboptimal outcomes for both.

An Example of a Noncooperative Game Is