In the Nash Equilibrium of a prisoner's dilemma game:
A)there is no cash left on the table.
B)there is unrealized opportunity for both to gain.
C)total economic surplus is maximized.
D)both players have equal payoffs.

Question

Quizplus · Accepted Answer

In the Nash Equilibrium of a prisoner's dilemma game,if both players play their dominant strategies each earns less than had each played their dominated strategies.

In the Nash Equilibrium of a Prisoner's Dilemma Game