Prisoners'' dilemma scenario, Game Theory


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.


Each player contains a dominant strategy. The ensuing equilibrium is Pareto dominated by an alternate outcome during which every player plays the dominated strategy.


Prisoner 2



Prisoner 1







General Form

Player 2



Player 1







Where the following relations hold:


Posted Date: 7/21/2012 5:01:25 AM | Location : United States

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