ATAR Notes: Forum

Uni Stuff => Science => Faculties => Mathematics => Topic started by: acinod on December 29, 2011, 10:46:47 pm

Title: The Prisoner's Dilemma - Real Life Scenarios
Post by: acinod on December 29, 2011, 10:46:47 pm
The prisoner's dilemma is as follows:

Alex and Bobby are arrested for serious fraud, and held in separate cells. The persecutor makes the same offer to each:
Now the best solution seems to be option 4 since you minimize your total amount of prison time. But then they can both be thinking that the other might be rat and confess so they get to go free and the other suffers and as a result, both will end up on option 7, which is the worst for both of them.

Now I was wondering if we could apply this dilemma in real life scenarios. A similar situation I was wondering about is if you want to talk to someone on MSN but you want to seem like your busy so you appear offline. However the person you want to talk to may also have the same reasoning. In the end you have 4 similar options:
So what would you choose?