Prisoner’s Dilemma: It’s You or Me - Behavioral Economics Series| Academy 4 Social Change
- Title:
- Prisoner’s Dilemma: It’s You or Me - Behavioral Economics Series| Academy 4 Social Change
- Description:
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Game theory is the model framework for understanding strategic decision making among individuals, or players. Prisoner’s dilemma is an example of noncooperative game theory that demonstrates why two rational individuals would refuse to work together even if it might be in their better interest to do so.
**Find a transcript, lesson plans, worksheets, and more at: https://academy4sc.org/topic/prisoners-dilemma-its-you-or-me/
**Think Further Questions:
1. What’s the last time you used or saw game theory used in your life?
2. What are some real life examples of cooperative games?
3. Do you think the prisoner’s dilemma is effective at getting suspects to testify, allowing for an indictment to be reached? Why or why not?**Contents
00:00 - Problem
00:51 - Here’s Why
01:03 - The Prisoner’s Dilemma
01:21 - How It Works
02:34 - Using It#academy4sc #civicseducation #behavioraleconomics
- Video Language:
- English
- Duration:
- 04:31
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