Prisoner’s Dillemma Reality show

(Thanks to Eyal Winter for the link.)

Posted in Uncategorized | Tagged teaching, video | 4 Comments

on June 1, 2009 at 2:15 am | Reply Anonymous

I think it would be even more interesting if it was exactly the prisoner’s dilemma by having only one NE, say by giving 5-10% of the amount to each party in case that both of them steal.
on June 1, 2009 at 8:00 pm | Reply mosta

Ouch!

Probably the optimal strategy is to Steal and then write your opponent a check for 50K if they split!
on June 2, 2009 at 2:37 pm | Reply aruk

What would happen if you tell the opponent that you are going to steal. No doubt about it, you will steal. (The opponent is likely to believe you, because it would be unreasonable for you to say you will steal and then split.) Then you tell your opponent that if he/she wants the money, then he/she must split. Then once the money is won, promise to write a check for 1/2 the amount. Would the opponent be more willing to trust you because they have very little recourse, or would they be more likely to sanction you for strong arming the interaction?
on June 2, 2009 at 2:38 pm | Reply Someone

Gut-wrenching!

Enter your comment here...

Fill in your details below or click an icon to log in:

Email (Address never made public)

Name

Website

You are commenting using your WordPress.com account. ( Log Out / Change )

You are commenting using your Twitter account. ( Log Out / Change )

You are commenting using your Facebook account. ( Log Out / Change )

Connecting to %s

%d bloggers like this:

Turing's Invisible Hand