Single-round prisoner’s dilemma: Difference between revisions
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{{a|risk|}}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. | |||
{{sa}} | {{sa}} | ||
{{prisonersdilemmatable}} | |||
*[[Prisoner’s dilemma]] | *[[Prisoner’s dilemma]] | ||
*[[Iterated prisoner’s dilemma]] | |||
*[[Agency problem]] | |||
Revision as of 14:35, 28 August 2019
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Risk Anatomy™
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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
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Pay-off table |
A cooperates |
A defects |
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B cooperates |
A gets 1 year |
A goes free |
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B defects |
A gets 3 years |
A gets 2 years |