The prisoner’s dilemma is a common game theory example and is often used to showcase the effect of the Nash equilibrium. The Nash equilibrium is often discussed in conjunction with the dominant ...

The prisoner's dilemma is a game used by researchers to model and ... In the case of addiction, for example, having a cigarette or a drink is in the interest of the present self but not the ...

If games are repeated ... every day you make economic choices similar to those in the prisoner's dilemma. Take littering, for example: Everyone is better off if they drop their rubbish in a ...

The prisoner's dilemma is a particularly useful game-theory model for understanding strategic behavior. In the classic model, two criminals are suspected of committing a major crime. The police ...

Citations: Roth, Alvin, J. Keith Murnighan. 1978. Equilibrium behavior and repeated play in prisoners' dilemma games. Journal of Mathematical Psychology. (2)189-198.

Katie Davis, a partner at James Moore & Co. consulting firm that works with athletic departments nationwide, notes that Florida, for example ... describes as a “prisoner’s dilemma.” ...

Gov. Sarah Sanders recently signed an amendment to the Arkansas Student-Athlete Publicity Rights Act into law. When she did so, Arkansas became the first state to exempt name, image, and likeness (NIL ...