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The Prisoner's Dilemma

Professor

47:15·2012·introductory level

This lecture delves into two game theory problems: the Prisoner's Dilemma and the Problem of the Commons. It analyzes how individual rational choices can lead to collectively suboptimal outcomes and offers solutions.

Philosophy and the Science of Human Nature (PHIL 181)

Two game theoretical problems--the Prisoner's Dilemma and the Problem of the Commons--are explored in detail. Both collective decision-making scenarios are structured such that all parties making rational choices ensures a less desired outcome for each than if each had chosen individually-less-preferred options. To conclude, Professor Gendler discusses various strategies that can be used to address both problems.

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