Why can a game have more than one nash equilibrium, Game Theory

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Why can a game have more than one nash equilibrium

Problem

What is a Nash equilibrium? What is the unique Nash equilibrium in the prisoner's dilemma game? Can a game have more than one Nash equilibrium? Give an example to illustrate your answer.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Game Theory: Why can a game have more than one nash equilibrium

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Game Theory: Why can a game have more than one nash equilibrium

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