Asked by Ahmed Dabour on Jul 13, 2024
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The prisoner's dilemma,a team game first used by a prison warden to decease rates of intergroup conflict in his prison,has been successfully adapted to the business world.
Prisoner's Dilemma
A standard example of a game analyzed in game theory that shows why two individuals might not cooperate, even if it appears that it is in their best interest to do so.
Intergroup Conflict
Conflict that occurs between different groups or teams, often arising from competition for resources, differing values, or perceived threats.
Prison Warden
The official in charge of the operation and management of a prison.
- Understand the psychological underpinnings and behavioral outcomes of the prisoner's dilemma and similar social dilemmas.
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Learning Objectives
- Understand the psychological underpinnings and behavioral outcomes of the prisoner's dilemma and similar social dilemmas.
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