The Prisoner's Dilemma and the problem of the cartel are very similar. In both cases:
A) cooperation would improve the outcome, but it rarely happens.
B) cooperation is the only solution.
C) non-cooperation would improve the outcome, but it rarely happens.
D) non-cooperation is an instable solution.

Question

Quizplus · Accepted Answer

Both the Prisoner's Dilemma and the problem of the cartel involve situations where cooperation would lead to a better outcome for all parties involved, but the self-interest of each individual player leads them to choose non-cooperation instead. Non-cooperation then results in a worse outcome for everyone. Therefore, the best answer is A as it accurately represents the commonality between the two scenarios.

The Prisoner's Dilemma and the Problem of the Cartel Are