Prisoner’s dilemma: Difference between revisions
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An exercise in calculating economic outcomes by means of {{tag|metaphor}}. | An exercise in calculating economic outcomes by means of {{tag|metaphor}}. | ||
Two people are | Two people are charged with a conspiracy<ref>Whether or not they are guilty is beside the point. If it helps you empathise with their predicament, assume they’re innocent</ref>. Each is held separately. They cannot communicate. There is enough evidence to convict both on a lesser charge, but not the main charge. Each prisoner is separately offered the same plea bargain. The offer is: | ||
*If A informs B but B refuses to inform on A: | *If A informs B but B refuses to inform on A: | ||
**A will not be prosecuted | **A will not be prosecuted at all and will go free | ||
**B will be | **B will be convicted of the main charge and will get '''3''' years in prison. | ||
*If A informs B ''and'' B informs on A: | *If A informs B ''and'' B informs on A: | ||
**A will | **A will get 2 years in prison | ||
**B will | **B will get 2 years in prison | ||
*If A refuses to inform on B and B refuses to inform on A: | *If A refuses to inform on B and B refuses to inform on A: | ||
**A will | **A will get 1 year in prison (on the lesser charge). | ||
**B will | **B will get 1 year in prison (on the lesser charge). | ||
===[[single round prisoner’s dilemma]]=== | |||
If you play this game in isolation the payoff is grim: | |||
{{seealso}} | |||
*[[I believe]] | |||
{{ref}} | {{ref}} | ||
{{draft}} | {{draft}} |
Revision as of 12:10, 23 July 2018
Pay-off table |
A cooperates |
A defects |
B cooperates |
A gets 1 year |
A goes free |
B defects |
A gets 3 years |
A gets 2 years |
An exercise in calculating economic outcomes by means of metaphor.
Two people are charged with a conspiracy[1]. Each is held separately. They cannot communicate. There is enough evidence to convict both on a lesser charge, but not the main charge. Each prisoner is separately offered the same plea bargain. The offer is:
- If A informs B but B refuses to inform on A:
- A will not be prosecuted at all and will go free
- B will be convicted of the main charge and will get 3 years in prison.
- If A informs B and B informs on A:
- A will get 2 years in prison
- B will get 2 years in prison
- If A refuses to inform on B and B refuses to inform on A:
- A will get 1 year in prison (on the lesser charge).
- B will get 1 year in prison (on the lesser charge).
single round prisoner’s dilemma
If you play this game in isolation the payoff is grim:
See also
References
- ↑ Whether or not they are guilty is beside the point. If it helps you empathise with their predicament, assume they’re innocent