Prisoner’s dilemma: Difference between revisions

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{{a|glossary|}}{{a|risk|}}{{risk|Trust}}ing is a risky strategy. Generally one side doesn’t survive. How can {{risk|trust}} survive?
{{a|devil|}}The [[prisoner’s dilemma]] is the mathematician’s way of articulating the [[commercial imperative]].
 
The [[prisoner’s dilemma]] is the mathematician’s way of articulating the [[commercial imperative]].


An exercise in calculating economic outcomes by means of {{tag|metaphor}}, the [[prisoner’s dilemma]] was developed at the RAND corporation in the 1950s by those splendid brainboxes as a way of predicting individuals’ behaviour in situations requiring [[I believe|trust]] among strangers - for very good example, when unacquainted participants buy or sell in an unregulated market. This field developed into [[game theory]].
An exercise in calculating economic outcomes by means of {{tag|metaphor}}, the [[prisoner’s dilemma]] was developed at the RAND corporation in the 1950s by those splendid brainboxes as a way of predicting individuals’ behaviour in situations requiring [[I believe|trust]] among strangers - for very good example, when unacquainted participants buy or sell in an unregulated market. This field developed into [[game theory]].


===The original [[prisoner’s dilemma]]===
==The original [[prisoner’s dilemma]]==
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:
{{prisonersdilemmatable}}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:
{{prisonersdilemmatable}}*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 at all and will go free  
**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.
**B will be convicted of the main charge and will get '''3''' years in prison.
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In our view, one correctly places the apostrophe to designate a ''single'' prisoner having the dilemma — so [[prisoner’s dilemma]], not ''prisoners’'' dilemma — because both prisoners if taken together ''have'' no dilemma: it is only where they are acting individually that they have a problem ... ''with each other''.
In our view, one correctly places the apostrophe to designate a ''single'' prisoner having the dilemma — so [[prisoner’s dilemma]], not ''prisoners’'' dilemma — because both prisoners if taken together ''have'' no dilemma: it is only where they are acting individually that they have a problem ... ''with each other''.
{{sa}}  
{{sa}}  
*The [[tragedy of the commons]]
*[[Agency problem]]
*[[Agency problem]]
*[[I believe]]
*[[I believe]]
{{ref}}
{{ref}}
{{draft}}
{{draft}}