1. In the context of game theory, explain the concept of the Prisoner's Dilemma and its implications for decision-making. Provide an example scenario and discuss the conflicting incentives faced by the players, the Nash equilibrium, and the potential for cooperation or defection.

1. In the context of game theory, explain the concept of the Prisoner's Dilemma and its implications for decision-making. Provide an example scenario and discuss the conflicting incentives faced by the players, the Nash equilibrium, and the potential for cooperation or defection