Apr 25, 2023
In this example, the Nash equilibrium is for both players to betray each other. Even though mutual cooperation leads to a better outcome if one prisoner chooses mutual cooperation and the other does not, one prisoner’s outcome is worse.
In this example, the Nash equilibrium is for both players to betray each other. Even though mutual cooperation leads to a better outcome if one prisoner chooses mutual cooperation and the other does not, one prisoner’s outcome is worse.
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