Imagine this: You and an acquaintance, let's call him Patrick, have the untoward idea of robbing a bank during broad daylight. To your chagrin, it doesn't work out and you both end up downtown. The ...
The prisoner's dilemma is a game used by researchers to model and investigate how people decide to cooperate—or not. Imagine that Prisoner A and Prisoner B are charged with a crime and detained ...
The Prisoner’s Dilemma is a classic thought experiment that pits two recently arrested people against one another. Each cares more about his personal wellbeing than his friend’s. The prosecutor offers ...
For six decades, the classic cooperation test known as the prisoner’s dilemma has been a mainstay of graduate courses on game theory and behavioral economics, not to mention in Hollywood detective ...
Game theory has historically studied cooperation and hierarchy, and has sought to explain why individuals cooperate, even though they might be better off not to do so. Researchers now use a ...
The Journal of Conflict Resolution is an interdisciplinary journal of social scientific research and theory on human conflict. The journal focuses largely on international conflict, but also explores ...
The author developed a simple computer program for the in-class simulation of the repeated prisoner's dilemma game with student-designed strategies. He describes the basic features of the software and ...
The "prisoner's dilemma" is a familiar concept to just about everyone who took Econ 101. The basic version goes like this: Two criminals are arrested, but police can't convict either on the primary ...
(via TEDEd) Two perfectly rational gingerbread men, Crispy and Chewy, are out strolling when they’re caught by a fox. Instead of simply eating them, he decides to put their friendship to the test with ...