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Prisoner's Dilemma - Research Paper Example

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Being accused of a crime is a tough situation to go through. When two people are accused of the same crime the situation could turn into a prisoner’s dilemma. A prisoner’s dilemma is a game in which two prisoners assumed of the same crime have several alternatives…
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Prisoners Dilemma
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Prisoner's Dilemma

Download file to see previous pages... In the prisoners dilemma game I was stuck in jail with Lucifer. We were in separated cells. In a prisoner dilemma game there is no way for the prisoner’s to coordinate their actions (Varian). The two options in the game are to cooperate or defect. Cooperate implies to cooperate with each other by denying the crime. Defect means to talk to the police and tell on each other. The first strategy that I choose was to cooperate. I was sure that Lucifer would do the same. Lucifer did not follow my lead and defected. The implication of this strategy was that I was going to jail and Lucifer was going to go free. I decided to run the simulation once again to implement a different strategy. During the second simulation run I decided to cooperate once again. Lucifer cooperated with me. The game was run 13 times and Lucifer kept cooperating. The final outcome was mutual cooperation the best potential outcome for both parties. Under this scenario we both received jail time but at a reduced sentence. I decided to try the simulation a third time to try a different strategy. The third strategy I used was to be a traitor and implement a pure defect strategy. Lucifer became the sucker in the game. My won the game with a final score of 78-13. The strategy that I used was risky in real prisoner dilemma game because if both parties defected we both get the maximum jail time. ...Download file to see next pagesRead More
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