What is the Prisoner's Dilemma?
Collusion would yield the best results for both parties, but if they both choose the option that alone would benefit them the most, they will be worse off. If one chooses the option that would benefit them the most and the other does not, the latter party suffers the most while the former gets the best deal possible.
Tags: dilemma, prisoners
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Flashcard set info:
Author: Trixdawabbit
Main topic: Politics
Topic: General
School / Univ.: UGA
City: Athens
Published: 03.03.2010
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