The prisoner's dilemma game illustrates:

Question

Quizplus · Accepted Answer

The prisoner's dilemma game is a classic example in game theory which illustrates the benefits and costs of cooperation. It shows that even though mutual cooperation would result in a better outcome for both players, self-interest can lead them to choose the option that maximizes their own benefit, resulting in a suboptimal outcome for both. Thus, it highlights the importance of trust, communication, and mutual cooperation in order to achieve the best possible outcome for all parties involved.

The Prisoner's Dilemma Game Illustrates