In a new study published in PLOS Computational Biology, an international research team from the Max Planck Institute for Evolutionary Biology, Cardiff University, and Google has reexamined Robert ...

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 ...

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 ...

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 "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 ...