In the classic Prisoners' Dilemma featuring two accomplices in crime, the equilibrium of the game is for both accomplices to confess. In game theory, this is what would be called a:
A)Pareto optimal strategy.
B)dominant strategy.
C)Nash equilibrium.
D)suboptimal game outcome.

Question

Quizplus · Accepted Answer

The Nash equilibrium is the most stable outcome in the game, where each player's strategy is the best response to the other player's strategy. In the Prisoners' Dilemma, confessing is the dominant strategy for both players, leading to a Nash equilibrium where both players confess. Therefore, the best choice is C.

In the Classic Prisoners' Dilemma Featuring Two Accomplices in Crime