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Mathematics Magazine, 1993
The following is an interesting problem in probability: The prisoner's dilemma: A prisoner was to be executed and he begged the king for mercy. The king decided to give the prisoner a chance. He gave the prisoner 50 white balls and 50 black balls, all identical in shape. The prisoner was supposed to distribute these balls into two identical bags in any
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The following is an interesting problem in probability: The prisoner's dilemma: A prisoner was to be executed and he begged the king for mercy. The king decided to give the prisoner a chance. He gave the prisoner 50 white balls and 50 black balls, all identical in shape. The prisoner was supposed to distribute these balls into two identical bags in any
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2001
The model of the subject with reflexion allows us to propose a new approach to the well-known prisoner’s dilemma, reflecting one of the paradoxes inherent in the theory of rational choice (Lefebvre, 2000). Here is the essence of the paradox (see Rapoport & Chamah, 1965). Two individuals are arrested as suspects in a serious crime.
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The model of the subject with reflexion allows us to propose a new approach to the well-known prisoner’s dilemma, reflecting one of the paradoxes inherent in the theory of rational choice (Lefebvre, 2000). Here is the essence of the paradox (see Rapoport & Chamah, 1965). Two individuals are arrested as suspects in a serious crime.
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The Antidote, 1997
Uses ‘The Prisoner's Dilemma’ (attributed to Albert Tucker) to explain game theory — showing achieving co‐operation is a fundamental management problem, which reveals itself clearly in alliances and joint ventures — each firm enters a joint venture unsure of how the other will behave.
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Uses ‘The Prisoner's Dilemma’ (attributed to Albert Tucker) to explain game theory — showing achieving co‐operation is a fundamental management problem, which reveals itself clearly in alliances and joint ventures — each firm enters a joint venture unsure of how the other will behave.
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