The prisoner’s dilemma is the “rubber bone” of game theory—it can be chewed over forever. Thousands of mathematicians, psychologists, political scientists, philosophers, and economists have thought about it, trying to find a solution. Yet it remains as mysterious and baffling as in 1950, when Merrill Flood and Melvin Drescher first proposed it. The name prisoner’s dilemma was given by Albert W. Tucker, who in 1951 wrote the first paper about it. Tucker presented the problem in the form of a short detective story. Here is one version.
KeywordsPersonality Trait Large Fish Psychological Concept Common Pasture Cooperative Response
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