Prisoners Dilemma

Part I of Essay
(I). In the prisoner’s dilemma two people have been arrested, the one inmate is called Smith. In this situation the authorities are not interested in the truth but only want to convict someone. An interrogator lays out the consequences for Smith. If Smith does not confe ....

Part II of Essay
.... situation. Both men will be better of if they look out for each other or rather not look out for themselves. This is a situation that can be used in every day living.. Any time there are peoples' interests that are affected not only by what they do but what other people do, a dilemma may occur. In some situations everyone will end up worse off if they individually pursue their own interests than if they simultaneously do what it not in their own individual interests. (II). If I myself was in the prisoner’s dilemma, and my goal is to ....