Prisoner’s Dilemma Essay

Cheap Custom Writing Service

In political science, one of the most popular game theory tools, the prisoner’s dilemma, is a nonzero-sum game in which two suspects of a crime are arrested and each given the option of either accusing the other prisoner—defect, in game theory jargon—or stay silent—cooperate. Jail terms attach to the four resulting combinations such that each player’s order of preferences is: unilateral defection (DC) > mutual cooperation (CC) > mutual defection (DD) > unilateral cooperation (CD).This configuration makes defection the dominant strategy for both players.

The prisoner’s dilemma describes and analyzes strategic political interactions characterized by the relative payoff structure, and its peculiarity is that the Nash equilibrium solution, DD, is a Pareto-inefficient point, as all players would be better-off if they could move to the unstable solution, CC. Put differently, this game illustrates domestic or international situations in which reciprocal cooperation is advantageous for all actors involved, but it is nonetheless difficult to achieve because of the incentives at work. Examples include disarmament, trade wars, and the provision of public goods.

Given the problematic nature of the prisoner’s dilemma, political scientists have devoted much effort to studying the conditions under which stable cooperation is possible. Two of these are the intervention of a superimposed enforcing agency, such as the state, or the infinite, or indefinite, iteration of the game.

Bibliography:

  1. Axelrod, Robert. The Evolution of Cooperation. New York: Basic Books, 1984.

Dixit, Avinash and Susan Skeath. Games of Strategy. 2nd ed. New York:W.W. Norton, 2004.

This example Prisoner’s Dilemma Essay  is published for educational and informational purposes only. If you need a custom essay or research paper on this topic please use our writing services. EssayEmpire.com offers reliable custom essay writing services that can help you to receive high grades and impress your professors with the quality of each essay or research paper you hand in.

See also:

ORDER HIGH QUALITY CUSTOM PAPER


Always on-time

Plagiarism-Free

100% Confidentiality

Special offer!

GET 10% OFF WITH 24START DISCOUNT CODE