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In a prisoners' dilemma decision that is made only one time, Multiple Choice the Nash equilibrium is a non-cooperative outcome. a set of decisions exists
In a prisoners' dilemma decision that is made only one time,
Multiple Choice
- the Nash equilibrium is a non-cooperative outcome.
- a set of decisions exists that is better than the Nash decisions for each and every oligopoly firm.
- the discount rate is irrelevant for decision making.
- rivals have no way to punish cheaters.
- All of the choices are correct.
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