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Scenario
Two conspirators are arrested and interrogated separately. If one implicates the opposite, he might go free whereas the opposite receives a life sentence. Yet, if each confess, dangerous fate befalls them. If each keep silent, insufficient proof can lead them being charged with and convicted of a lesser crime.
Description
Each player contains a dominant strategy. The ensuing equilibrium is Pareto dominated by an alternate outcome during which every player plays the dominated strategy.
Example
Prisoner 2
deny
confess
Prisoner 1
2,2
0,3
3,0
1,1
General Form
Player 2
L
R
Player 1
U
a,w
b,x
D
c,y
d,z
Where the following relations hold: c>a>d>b x>w>z>y
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