Why military arms race is example of prisoner-s dilemma


In the example of the Falkland Island incident, why did the British spend enormous sums of money on such a small piece of Real Estate to keep it under British Rule? Explain why a military arms race is an example of a prisoner's dilemma? Why would Warner Bros make a mistake of waiting until the film is almost over before negotiating with a singer to sing a song for the last scene?

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Microeconomics: Why military arms race is example of prisoner-s dilemma
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