Question

Search the web and view the video clip Golden Balls - £100,000 Split Or Steal? 14/03/08.

After watching the video clip, answer the following questions:

How does the Prisoners’ Dilemma apply in the game of Golden Balls?

Is the Prisoner’s Dilemma entirely applicable in this game? Why or why not?

What would you do if you were playing this game? Explain your reasoning.

Answer 1

a)In my opinion it is a typical example of prisoners’ dilemma, prisoners’ dilemma can be seen as a situation to find the best possible outcome for oneself on the basis of moves taken by other player. The decisions are taken on the basis of predicting the actions of other individuals.

N the olden balls show. There are two contest on the stage have two golden balls to split or to steal. If split is selected by both players , money will be split, of one select to split and other to steal, the money will be given to that person who selects steal. If both select steal than money is given to no one.

The struggle which is being created during the game is mainly the matter of trust. Every player will take decision as per his or her best interest and thinking and guessing the moves of other,

b)It can be implemented but both the player have a weakly dominant strategy that is to steal. When the option steal is selected, the maximum pay off can be received and if the other person also chose same, it will provide worse off but this will give him the satisfaction of neutralizing the attempt of other player to steal money. Thus, this is an immoral game teaching how to steal.

c) If I were playing this game, it will be quite tough As it is shown in the video there are many dimensions of strategy selected by the player which also includes deeper psychological implications. In order to model this, the money is not the only factor to consider, In fact many factors needs to be added which add to represent the disutility derived from losing as a result of being swindled by the other player.