Learning Path
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A
True
B
False
Understanding the Answer
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Answer
In Game Theory, the Prisoner's Dilemma shows how two players can achieve a better outcome by cooperating rather than acting in their own self-interest. When both players choose to cooperate, they can both receive a higher payoff than if they each decide to betray the other. For example, imagine two friends who have stolen candy and can either confess or stay silent. If both stay silent, they both get a small punishment, but if one confesses while the other stays silent, the confessor goes free while the other gets a big punishment. Therefore, by working together and staying silent, they can minimize their punishment and achieve a better result than if they acted selfishly.
Detailed Explanation
In the Prisoner's Dilemma, if both players cooperate, they both get a better result than if they act selfishly. Other options are incorrect because Some might think that being selfish always gives the best result.
Key Concepts
Prisoner's Dilemma
Cooperation vs. Self-Interest
Payoff Matrix
Topic
Game Theory
Difficulty
easy level question
Cognitive Level
understand
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