Question: table [ [ , Gerald - Confesses,Gerald - Stays Silent ] , [ Nixon - Confesses, table [ [ Nixon: 6 years ]
tableGerald Confesses,Gerald Stays SilentNixon Confesses,tableNixon: yearsGerald: yearstableNixon: goes freeGerald: yearsNixon Stays Silent,tableNixon: yearsGerald: goes freetableNixon: yearGerald: year
Note more years in prison are a bad thing for the prisoners.
Which of the following is true about the above classic prisoners' dilemma game?
It is rational for Nixon to confess.
It is irrational for Nixon to confess.
It is rational for Gerald to confess.
It is irrational for Gerald to confess.
Rational decisions from the prisoners leads to the worst collective outcome.
Irrational decisions from the prisoners leads to the worst collective outcome.
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