Prisoner's Dilemma
Here's the scenario. Suppose you and I are prisoners who have committed a crime together, have been caught, and are now being held in separate rooms.
The prosecutor presents you with these options:
He says the same to me.
Here's a graphic way of representing our options (your choices and outcomes are in blue, mine are in green; when two outcomes are in the same box, those the outcomes for the row player -- in this case, you -- come first and those for the column player -- in this case me -- come second):
| Prisoners' Prisoner's Dilemma |
Me | ||
| Don't Confess | Confess | ||
| You | Don't Confess | -1 / -1 | -5 / 0 |
| Confess | 0 / -5 | -3 / -3 | |
You should make your choice in the light of the following considerations:
That's all the information you get.
Now, make your choice: Confess or Don't confess.
NB: You can skip ahead to my analysis of the game, but I think that it's much easier to understand if you play two rounds.