Jessica is facing a prisoner's dilemma and she decides to use the tit-for-tat strategy.Which of the following statements is true regarding the outcome?

Question

Quizplus · Accepted Answer

The tit-for-tat strategy involves cooperating on the first trial and then subsequently mirroring the opponent's previous move. This creates a situation where both parties are incentivized to cooperate, as defection will result in a retaliatory defection in the next round. While Jessica may not earn more than her opponent, she will be able to earn as much as her opponent while avoiding the risk of consistently earning less. Option D is incorrect because tit-for-tat involves cooperating on the first trial, not defecting.

Jessica Is Facing a Prisoner's Dilemma and She Decides to Use