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Prisoner's Dilemma (Paperback)
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Prisoner's Dilemma (Paperback)
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The term "Prisoner's Dilemma" comes from the original anecdote used
to illustrate this game of strategy. Two prisoners, held
incommunicado, are charged with the same crime. They can be
convicted only if either confesses. If both prisoners confess,
their payoff is minus one. If neither confesses, it is plus one. If
only one confesses, he is set free for having turned state's
evidence and is given a reward of plus two to boot. The prisoner
who holds out is convicted on the strength of the other's testimony
and is given a more severe sentence than if he had confessed. His
payoff is minus two. It is in the interest of each to confess no
matter what the other does, but it is in their collective interest
to hold out. There is no satisfactory solution to the paradox of
this game. Its simplicity is misleading. What seems rational from
your own point of view, turns out to be detrimental in the end.
This book is an account of many experiments in which Prisoner's
Dilemma was played. Analyzing the results, one can learn how people
are motivated to trust or distrust their partners, to keep faith or
to betray, to be guided by joint or selfish interest. The method
represents an important step toward building a bridge between
psychology which is based on hard data and reproducible experiments
and psychology which is concerned with internal conflict.
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