🛠️ Steven Gong

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Jul 02, 2023, 1 min read

Game Theory

Prisoner’s Dilemma

https://www.britannica.com/science/game-theory/The-prisoners-dilemma

Think about how this scenario applies in the context of group projects. One person doing the work vs. 2 people doing the work. The Nash Equilibrium of the scenario is that both don’t do the work (equivalent to both prisoners confessing)

  • Free-Rider Problem

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  • Free-Rider Problem

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