The prisoner's dilemma describes a scenario in which each player, acting out of self-interest, will make a decision that results in all players being worse off.

Name: The prisoner's dilemma describes a scenario in which each player, acting out of self-interest, will make a decision that results in all players being worse off.
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

In the prisoner's dilemma, each player's individual rational choice leads to a collectively suboptimal outcome. Therefore, the statement is true.

The Prisoner's Dilemma Describes a Scenario in Which Each Player