The Prisoner's Dilemma
It is a famous thought experiment in Game Theory. Two prisoners in separate interrogation rooms have two options: to confess or to lie, and this can lead to three outcomes:
- If both confess, they both serve eight years in prison.
- If both lie, then they both serve one year in prison.
- If one of them confesses and one of them lies, then the liar gets maximum prison and the confessor goes free.
This thought experiment tells us that when we make decisions, the ones which are taken by others also factors in.
294
1.21K reads
CURATED FROM
IDEAS CURATED BY
The idea is part of this collection:
Learn more about personaldevelopment with this collection
How to communicate effectively with difficult people
How to handle conflict
How to stay calm under pressure
Related collections
Similar ideas to The Prisoner's Dilemma
The Millennials Dilemma
The Prisoners Dilemma can be reimagined as a life-optimization matrix. When two people have some free time due to a time-saving technique, they can spend it either on leisure or further work. This can have three outcomes:
- Both individuals choose to work harder in their free time, rem...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates