A game where firms that pursue a dominant strategy that results in noncooperation where all players are worse off is a

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BlackTom AI · Accepted Answer

The prompt presents a question about a game in which firms pursuing a dominant strategy lead to noncooperation and all players are worse off. This description is a hallmark of the prisoner’s dilemma, where each player has a dominant strategy that results in a collectively worse outcome than if they cooperated.

However, in this specific item, the provided answer options are missing or empty, so we cannot enumerate and evaluate each listed choice. In a typical multiple-choice setup, other plausible options might include concepts like coordination games, Nash equilibrium, or the tragedy of the commons.

- If the option were ‘prisoner’s dilemma,’ it would be correct because, by definition, the dominant-strategy pursuit leads to a noncooperative outcome where both players are worse off compared to mutual cooperation. 
- If the option were ‘nash equilibrium’ in a different context, it could be misleading: while the prisoner’s dilemma has a dominant strategy equilibrium, a Nash equilibrium alone doesn’t necessarily imply that all players are worse off than some cooperative outcome. 
- If the option were ‘tragedy of the commons,’ the focus is on overuse of a shared resource and not specifically on dominant strategies driving noncooperation that harms all—so it would be a less precise match. 
- If the option were ‘cooperation game’ or ‘collective action problem,’ these terms emphasize cooperative outcomes or alignment, which contradicts the noncooperation that worsens everyone’s payoff in a prisoner’s dilemma.

In summary, given the standard interpretation, the prisoner’s dilemma best matches the description of a game where pursuing a dominant strategy leads to noncooperation and worse outcomes for all, but the absence of listed options means we cannot confirm item-by-item analysis against each choice.

A game where firms that pursue a dominant strategy that results in noncooperation where all players are worse off is a

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