This website uses cookies to ensure you have the best experience. Learn more

Describe The Prisoner's Dilemma? Essay

349 words - 2 pages

Prisoner’s Dilema is a game with non-zero sum in game theory. The simplest form of the game have two gamer (called prisoner), each prisoner always wants to get the benefit for himself, no matter what the other benefit is. The result of the game is not optimal. If two prisoners cooperate with each other, the result is the best. But each prisoner naturally has a motivation to escape the prison. So that I is the reason why they call “dilemma”.
Prisoner’ Dilemma focuses on researching the instant decision making when the prisoners have no time ...view middle of the document...

pp.229
We assume the numerical result of China and Mexico when each nation produces or does not produce steel components in the table below:
Japan Mexico
Producing Not Producing
Producing +10 +10 -10 +20

Not Producing +20 -10
-5 -5
From the table we can see that If Mexico chooses producing steel components option and Japan does not produce steel components, Japan (+20) will get more benefit than Mexico (-10). If Japan chooses producing steel components option and Mexico chooses not to produce steel components, Mexico (+20) will get more benefit than Japan (-10). If Japan and China choose the producing option, both of them will have the same benefit (+10). If the two nations choose not producing, they will be hurt (-5, -5). So we can that the two nations will win if they make agreement for cooperation (both choosing producing option) with each other. However if a nation does not chooses cooperation (choosing not producing option); it means that they break the agreement, the nation will get more benefit than other. If both of them violate the agreement, they will lose their benefit.

Other Papers Like Describe The Prisoner's Dilemma?

Analysis Of Robert Frost's Taken

915 words - 4 pages closed form poem with a rhyming scheme of “ABAAB” with 4 stanzas of 5 lines each. The fork in the road symbolizes decisions individuals make in life. With his used of mood, symbolism, setting, and imagery, Robert Frost describes the dilemma of decision making and how those decisions play a part in one’s future choices. The poem can be used to describe how an individual decides to follow Jesus Christ, the faith that it requires to do so, and the

Whistle Blower Essay

1090 words - 5 pages Introduction Whistle blowing is a term used to describe a person who reports a wrongdoing to a superior or an authority figure in order to stop the offense. At first thought whistle blowing may seem like an easy decision, but it can easily materialize into a difficult ethical dilemma. In a healthcare environment nurses are expected to put the welfare of there patients first, but what if the consequence of blowing the whistle is committing

Ethics

1172 words - 5 pages Running head: ANALYSIS OF AN ETHICAL DILEMMA Analysis of an Ethical Dilemma: Government Shutdown Anthony Bacon Grand Canyon University NRS 437V 7/12/2011 There are many ethical dilemmas present today that are affecting our world and communities. In this paper I will talk about the government shutdown affecting the state of Minnesota. I will describe how this government shutdown has created many ethical and non-ethical problems for

Business Ethics

9406 words - 38 pages ) Discuss the notion of the good life & the self What is the Good Life?". The concept of "the good life" can be interpreted in many different ways depending upon the experiences, values and aspirations of each individual. In a concise narrative, describe your notion of "the good life." How will your undergraduate experience at the University to prepare you to live "the good life"? I can still see it; I can still see his face: a face which days

Preparing To Conduct Business

1828 words - 8 pages with business research. Describe the selected issue, opportunity, or problem facing the organization. Sodexo is the fifth largest food service contract companies in the United States. The company contracts with services from hospital care to campus dining. Sodexo faces an issue at several accounts with their physical inventory not be reconciled with their computerized inventory applications. Inventories are linked to the financial health of that

Paper Syllabus

2519 words - 11 pages of thinking: A guide to critical and creative thought (9th ed.). New York, NY: Pearson Longman. All electronic materials are available on the student website. Week One: Developing Awareness Details Due Points Objectives 1.1 Describe the importance of critical and creative thinking in today’s society. 1.2 Explain conceptual foundations of thinking. 1.3 Determine methods to overcome hindrances to the critical thinking process. 1.4

Scientific Ethics

4617 words - 19 pages . • What is the ethical dilemma and who are the individuals involved? Be sure to fully describe the dilemma and its context. • What are the main ethical concerns presented in the dilemma? What sources and references can you use to support your analysis? • How could you apply the theories and techniques of human service professions to a wide variety of ethical dilemmas? • What documentation would you provide for the Ethics

Great Transformation

1236 words - 5 pages services) the cycle comes to a stop and could cause economic collapse. Throughout the course of history mankind developed three types of economies; tradition, Command and Market. These economy systems provide a solution to the production and distribution dilemma either working independently or in combination. Tradition economy is the oldest system based on a social organization that valued customs and beliefs. Traditional skills were perfected

Ethics Paper

1117 words - 5 pages Nakia Henson University of Phoenix HCS/ 335 Ethics: Health Care and Social Responsibility February 6th 2012 * * * Describe the issue and its impact on the population it affects most: The article that I chosen to write about present a case study that focus on the problem between an individual’s right to ones space and the rights of patients and staff to know when a professional standards has been broken or violated. An order

Syllabus Gen/105

3715 words - 15 pages : | | | | | | | | | |Describe your strongest dimension on the personality spectrum. | | | | |Describe how each practice activity reinforced or contradicted something about yourself

Fdgfgfdg

7130 words - 29 pages information to investors, creditors, and other external users is through financial statements and related notes. In this chapter you explore important topics such as the FASB’s conceptual framework that serve as a foundation for a more detailed study of financial statements, the way the elements of these statements are measured, and the concepts underlying these measurements and related disclosures. Learning Objectives LO1–1 Describe the function

Related Essays

Organizational Behavior Essay

931 words - 4 pages concepts and • techniques to apply what you learn Background: For this assignment, you will plan and play a game with your family or friends, or at work based on the idea of the classic prisoner's dilemma. If you have had a class on game theory, you will be well aware of this concept. It forms the basis of many TV game shows. The prisoner's dilemma was illustrated in Truman Capote's book, "In Cold Blood" concerning the 1959 robbery of a Kansas

Assignment1

1002 words - 5 pages MBA8000 ASSIGNMENT 1: Critical Reflection Due Date (12 April 2016) Word Limit (2,500) This assignment has three parts. In Part 1 you will describe an ethical dilemma that you had to face. In Part 2 you will analyze it. In Part 3 you will reflect on it. Part 1: Description (Word Limit = 500) Discuss an ethical dilemma that you have had to face in the workplace or at college / university. Give as much details as possible within the word

Research With Prisoners Essay

2488 words - 10 pages categories of permissible research with prisoners allowed by the federal regulations. • Identify issues to consider when designing research to be conducted with prisoners. • Identify issues related to accessing prison populations. • Describe the regulatory obligations of an Institutional Review Board (IRB) reviewing prisoner research. Defining Prisoner Part 46.303 of Subpart C (Protection of Human Subjects 2009) defines a prisoner as follows

Management 530 Week 1 Case Study

389 words - 2 pages result in a loss of customers and the reputation of the hotel. 3) What event triggered the situation? Although Hurricane Katrina was the root cause of the dilemma, a natural disaster is a foreseeable event. Management should have had a backup plan in place, therefore the triggering event in my opinion is the lack of preparation on behalf of management, conference organizers, and hotel management. 4) What are the imposed constraints