The prisoner's dilemma describes a strategic situation in which each of the following statements is correct except:
A) There is a conflict between each player's self interest and the combined interests of both players.
B) Each player has an incentive not to confess.
C) Cooperation results in the best outcome for both players.
D) Each player has an incentive to adopt a strategy that results in a less than optimal outcome.

Question

Quizplus · Accepted Answer

In the prisoner's dilemma, each player actually has an incentive to confess (or defect) because confessing offers a better individual outcome regardless of the other player's choice, leading to a Nash equilibrium where both players confess, resulting in a less than optimal outcome for both.

The Prisoner's Dilemma Describes a Strategic Situation in Which Each