Which of the statements is true of the prisoner's dilemma? In the game that includes two prisoners, from which this game derives its name, neither prisoner will confess and they will both walk free. The prisoner's dilemma is an example of a cooperative equilibrium. In the prisoner's dilemma, firms could do better if they both did exactly the opposite of what they ultimately choose to do. One player has a dominant strategy and the other has a mixed strategy.

The prisoner's dilemma is simply an analysis in the game theory which reveals the reasons for the lack of cooperation between two rational individuals.

We should note that in the prisoners dilemma, it'll have been in the best interest of the parties to agree and cooperate. The firms choose the strategies which makes them better off at the expense of the other firm who's worse off but they could have been better if they both did exactly the opposite of what they ultimately choose to do.

codiepienagoya codiepienagoya · Answer 2 · 2021-11-24T13:05:09+01:00

Its prevailing technique of both the inmates and the Nash equilibrium inside the prisoner's conundrum was (cheat, cheat). Both would be worse off with only one year in prison if they had chosen the opposite conclusion, that is, not confessing.

This prisoner's dilemma was essentially an analysis of game theory, that reveals the reasons for the absence of collaboration among two rational individuals.
It mentions a prisoner's dilemma, or how it would've been in the best interests of all parties agreeing and cooperating.
Firms choose methods that benefit them at the expense of other firms.
It might've been better if they would have done the exact opposite of what they finally opted to do.

Therefore, the final answer is "Third choice".

Learn more:

brainly.com/question/12513560