The prisoner's dilemma:
A) can be summarized in a payoff matrix.
B) can involve two players.
C) leads to a less-than-ideal outcome for all players.
D) All of these statements are true.

Question

Quizplus · Accepted Answer

The prisoner's dilemma can be summarized in a payoff matrix and typically involves two players. Both players have an incentive to choose the option that benefits them the most individually, but this leads to a less-than-ideal outcome for both players as a whole. Therefore, the best choice is to cooperate and choose the option that benefits both players equally.

The Prisoner's Dilemma