Lecture 20 - The Prisoner's Dilemma
recorded by: Yale University
published: Feb. 19, 2014, recorded: April 2011, views: 1567
released under terms of: Creative Commons Attribution No Derivatives (CC-BY-ND)
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Two game theoretical problems--the Prisoner’s Dilemma and the Problem of the Commons--are explored in detail. Both collective decision-making scenarios are structured such that all parties making rational choices ensures a less desired outcome for each than if each had chosen individually-less-preferred options. To conclude, Professor Gendler discusses various strategies that can be used to address both problems.
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