prisoner's dilemma

prisoner's dilemman.in game theory, a situation in which, if each of the individuals involved chooses the most rational option for gaining his or her own ends, the least desirable outcome for all will necessarily result
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Imaginary situation employed in game theory.One version is as follows. Two prisoners are accused of a crime. If one confesses and the other does not, the one who confesses will be released immediately and the other will spend 20 years in prison. If neither confesses, each will be held only a few months. If both confess, they will each be jailed 15 years. They cannot communicate with one another. Given that neither prisoner knows whether the other has confessed, it is in the selfinterest of each to confess himself. Paradoxically, when each prisoner pursues his selfinterest, both end up worse off than they would have been had they acted otherwise. See egoism.* * *
Universalium. 2010.
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prisoner's dilemma — … Useful english dictionary
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