Question

In: Economics

Describe the ways in which the prisoner's dilemma captures the essence for international politics

Describe the ways in which the prisoner's dilemma captures the essence for international politics

Solutions

Expert Solution

The prisoner's dilemma is one of the most cited examples in the field of Game Theory. It was originally framed by Merril Flood and Melvin Dresher. Albert W Tucker formolized the game with prison sentence rewards and named it "prisoner's dilemma".

The prisoner's dilemma is one type of game which is understood as a two person game where the outcome of the game depends on the decisions of both actors. This is one type of interaction with in a broader field understood as Game Theory. Game Theory examines these sorts of interactions between actors.

The two members of a criminal gang are arrested and imprisoned.Each prisoner is in solitary confinement with no means of communicating with the other.The prosecutors lack sufficient evidence to convict the pair on the principal charge, but they have enough to convict both in lasser charge.Simultaneously, the prosecutors offer each priടoner a bargain. Each prisoner is given the opportunity either to betray the other by testifying that the other committed the crime or to cooperate with the other by remaining silent. The possible outcomes are :

1. If A and B each betray the other, each of them serves two years in prison.

2. If A betrays B but B remains silent, A will be set free and B will serve three years in prison.

3. If A remains silent but B betrayട A, A will serve three years in prison and B will be set free.

4. If A and B both rema in silent both of them will serve only one year in prison.

In International Political Theory, the prisoner's dilemma is often used to demonstrate the coheronce of strategic realism, which holds that an international relations, all states will act in their retional self- interest given international anarchy.

Traditionally, the most effective option for overcoming a prisoner's dilemma is the tit for tat strategy,each person has the choice between he having opportunistically and responsibly. The best possible outcome is multilateral cooperation but it is difficult to realise because each person benefits unilaterally from defection.


Related Solutions

A prisoner's dilemma is a game that involves no dominant strategies. a game in which players...
A prisoner's dilemma is a game that involves no dominant strategies. a game in which players should work together towards the Nash Equilibrium. a game where if players act in rational and self-interested ways everyone will be worse off than a cooperative outcome. a game in which players collude to outfox authorities.
Describe how the prisoner's dilemma can be converted into a business strategy context, e.g. in a...
Describe how the prisoner's dilemma can be converted into a business strategy context, e.g. in a pricing game where the strategy is increase price or leave price unchanged or the decision to enter or not enter a market.
In which scenario is cooperation more likely in the prisoner's dilemma: a) a "one shot" game...
In which scenario is cooperation more likely in the prisoner's dilemma: a) a "one shot" game b) a game repeated 1,000 times c) an infinitely repeated game d) a repeated game that ends with a specified probability after each time the game is player
Give a real-life situation in which you have noticed a "prisoner's dilemma game". It could be...
Give a real-life situation in which you have noticed a "prisoner's dilemma game". It could be at work, home, the classroom, local business, etc. Briefly write what the situation is, listing the three elements of the game, and what the outcome is.
In the prisoner's dilemma game (watch the video on the youtube, there are plenty of versions...
In the prisoner's dilemma game (watch the video on the youtube, there are plenty of versions of this video available on the Internet), why prisoner's chose to settle for their second best option (they could do better that what most likely would occur). Please explain.
The Tragedy of the Commons game is similar to the Prisoner's Dilemma game. True or False?
The Tragedy of the Commons game is similar to the Prisoner's Dilemma game. True or False?
Use your understanding of game theory and the Prisoner's Dilemma to explain the logic of multilateral...
Use your understanding of game theory and the Prisoner's Dilemma to explain the logic of multilateral trade agreements
Give an example of a real world issue that can be explained using the prisoner's dilemma...
Give an example of a real world issue that can be explained using the prisoner's dilemma game. Specify the players in the game, the actions available to them and the payoff to the players in the game given outcome. Explain how the incentives for the players are similar to that of the prisoners in the prisoner's dilemma.
A. Explain the Prisoner's Dilemma. B. According to Robert Axelrod, how does cooperation emerge in a...
A. Explain the Prisoner's Dilemma. B. According to Robert Axelrod, how does cooperation emerge in a population of agents playing an iterated prisoners dilemma game?
Create a prisoner's dilema table. Then use a prisoner’s dilemma to show how hoarding behavior can...
Create a prisoner's dilema table. Then use a prisoner’s dilemma to show how hoarding behavior can arise as an equilibrium when an emergency is expected. Explain why you chose the payoffs the way you did.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT