GAME THEORY, BEHAVIOR AND THE PARADOX OF THE PRISONERS' DILEMMA -- 3 SOLUTIONS,

Abstract

The Prisoners' Dilemma game is a deceptively simple 2 x 2 matrix game which can be used to illustrate the value and the limitations of game theoretic thinking. Its simplicity makes it most attractive as a paradigm to explain human behavior. Furthermore it is easy to experiment with. The very simplicity of this game is a danger. Analogies between it and human affairs are best employed to study their inadequacies and to pinpoint what has been left out rather than to claim how much of the world can be packed into a 2 x 2 matrix.

Document Details

Document Type
Technical Report
Publication Date
May 02, 1969
Accession Number
AD0688450

Entities

People

  • Martin Shubik

Organizations

  • Yale University

Tags

DTIC Thesaurus Topics

  • Game Theory
  • Human Behavior
  • Matrix Games
  • Prisoners
  • Thinking
  • Zero-Sum Games

Readers

  • Game Theory.
  • Systems Analysis and Design