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Prisoner's dilemma - Wikipedia
https://en.wikipedia.org/wiki/Prisoner's_dilemma
WebThe prisoner's dilemma is a game theory thought experiment that involves two rational agents, each of whom can cooperate for mutual benefit or betray their partner ("defect") for individual reward. This dilemma was originally framed by Merrill Flood and Melvin Dresher in 1950 while they worked at the RAND Corporation. [1] .
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Prisoner’s dilemma | Definition, Example, Game Theory, & Facts
https://www.britannica.com/topic/prisoners-dilemma
WebFeb 27, 2024 · Prisoner’s dilemma, imaginary situation employed in game theory. One version is as follows. Two prisoners are accused of a crime. If one confesses and the other does not, the one who confesses will be released immediately and the other will spend 20 years in prison. If neither confesses, each will.
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What Is the Prisoner's Dilemma and How Does It Work?
https://www.investopedia.com/terms/p/prisoners-dilemma.asp
WebApr 5, 2024 · A prisoner's dilemma is a situation where individual decision-makers always have an incentive to choose in a way that creates a less than optimal outcome for the individuals as a group. The...
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Prisoner’s Dilemma - Stanford Encyclopedia of Philosophy
https://plato.stanford.edu/entries/prisoner-dilemma/
WebSep 4, 1997 · Prisoner’s Dilemma. First published Thu Sep 4, 1997; substantive revision Tue Apr 2, 2019. Tanya and Cinque have been arrested for robbing the Hibernia Savings Bank and placed in separate isolation cells. Both care much more about their personal freedom than about the welfare of their accomplice.
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Prisoner's Dilemma | Psychology Today
https://www.psychologytoday.com/us/basics/prisoners-dilemma
WebThe prisoner's dilemma is a game used by researchers to model and investigate how people decide to cooperate—or not. Imagine that Prisoner A and Prisoner B are charged with a crime and...
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Game theory - Prisoners' Dilemma, Strategy, Economics
https://www.britannica.com/science/game-theory/The-prisoners-dilemma
WebGame theory - Prisoners' Dilemma, Strategy, Economics: To illustrate the kinds of difficulties that arise in two-person noncooperative variable-sum games, consider the celebrated prisoner’s dilemma (PD), originally formulated by the American mathematician Albert W. Tucker.
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Prisoners’ Dilemma - Econlib
https://www.econlib.org/library/Enc/PrisonersDilemma.html
WebBy Avinash Dixit and Barry Nalebuff. T he prisoners’ dilemma is the best-known game of strategy in social science. It helps us understand what governs the balance between cooperation and competition in business, in politics, and in social settings.
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