In a prisoner's dilemma, the Nash equilibrium occurs where
A) neither person ends up with their best outcome.
B) both end up with their best outcome.
C) only one ends up with his best outcome.
D) the one who goes first ends up with his best outcome.
A
Economics
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Demand-side inflation is usually accompanied by increasing real GDP, while supply-side inflation is usually accompanied by falling real GDP.
Answer the following statement true (T) or false (F)
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Profits or losses must be temporary for perfectly competitive firms. Why?
What will be an ideal response?
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