The Prisoners Dilemma

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Game theory is an interesting branch of mathematics with links across a large number of Fields, psychology, statistics, bioligy, econonimcs. The most promienent being its use in the field of psychology. The Prisoners Dilemma is an interesting example of game theory i was subjected to in economics, and as i analyzed the Dilemma, i found these links surface themselves in multiple times in my everday life. To start, The Prisoners Dilemma is an example of a game analyzed in theory that shows why two purely "rational" individuals might not cooperate. even though it appears that it is in their best interests to do so, an example of which is presented as follows: Two members of a criminal gang are arrested and imprisoned. Each prisoner is in solitary …show more content…

So, i asked myself, what would the optimum strategy be for prisoner A? In the example, it is in his clear interest to testify, because because whichever strategy his partner chooses this gives prisoner A the best possible outcome. Looking at it in reverse, if prisoner B testifies, then prisoner A would have been best testifying (gets 5 years rather than 10). If prisoner B remains silent, then prisoner A would have been best testifying (goes free rather than 6 months). This brings forth an interesting dilemma. even if the Prisoner A and his partner are both innocent. Yet they are placed in a similar situation with similar outcomes. Where it is in the best interest to testify against their partner. This ultimately leads to and increase in the probabality that and innocent person will go to jail. As we can see this in the court systems of America where plea bargaining, is a common tactic used to convict a

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