The Prisoner's Dilemma | Wondrium Perspectives

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Trench warfare ... doping in sports … the Salem Witch Trials-all totally unrelated events, right? Well, it turns out that psychologists have developed a thought game that helps to explain the choices made by people in each of these situations.
In this episode of Perspectives, four experts explain how the prisoner’s dilemma can apply to more than just criminals locked in prison.
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Table of Contents:
00:00 Intro
0:49 The Rules of the Prisoner's Dilemma
02:35 The Incentive to Confess
03:52 The Prisoner's Dilemma-Not Just for Prisoners
04:43 How Framing Affects Decision-Making
07:20 The Complexities of Iterative Game Strategy
09:08 Prisoner's Dilemma in the Trenches
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Clips in this video are from the following series on Wondrium:
Understanding Economics: Game Theory, presented by Jay R. Corrigan
www.wondrium.com/understanding-economics-game-theory
Mind-Bending Math: Riddles and Paradoxes, presented by David Kung
www.wondrium.com/mind-bending-math-riddles-and-paradoxes
How You Decide: The Science of Human Decision Making, presented by Ryan Hamilton
www.wondrium.com/how-you-decide-the-science-of-human-decision-making
The Big Questions of Philosophy, presented by David K. Johnson
www.wondrium.com/the-big-questions-of-philosophy
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Wondrium Perspectives is hosted by Rich Bernett.
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#psychologicalgames #prisonersdilemma

[@LuxisAlukard]

Interesting topic!

[@cybersecadventures01123]

A matrix representation of normal form P.D. a bit earlier in the video could help to understand better the introductory part of the game. Nice vid as always for an introduction to game theory.

[@allenpoe7372]

Snitches get stitches, RATS SWIM WITH THE FISHES! What's your dilemma say about that shrink.

[@DHT2023]

So . Squid games ?