Single-round prisoner’s dilemma: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) m Amwelladmin moved page Single round prisoner’s dilemma to Single-round prisoner’s dilemma |
(No difference)
|
Revision as of 14:35, 28 August 2019
Risk Anatomy™
|
To be contrasted with iterated prisoner’s dilemma, a single-round prisoner’s dilemma is a one-off game of prisoner’s dilemma, where there is no chance of getting your own back against a defector in the next round. Because there won’t be a next round. The payoff is thus per the table set out below, and the most rational course of action is to defect.
See also
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 |