Michael: This is not a prisoner’s dilemma. The nash equilibrium (C,C) is not dominated by a pareto optimal point in this game.
I don’t believe this is correct. Isn’t the Nash equilibrium here (D,D)? That’s the point at which neither player can gain by unilaterally changing strategy.
Michael: This is not a prisoner’s dilemma. The nash equilibrium (C,C) is not dominated by a pareto optimal point in this game.
I don’t believe this is correct. Isn’t the Nash equilibrium here (D,D)? That’s the point at which neither player can gain by unilaterally changing strategy.