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Understanding the Risks of Cooperation in the Prisoner's Dilemma

The Prisoner's Dilemma illustrates the tension between cooperation and self-interest through a game involving two players. Each must choose between cooperating or defecting, with potential payoffs structured to create temptation. Player 2's choices can lead to varied outcomes, resulting in a fear of being exploited if they cooperate while the other defects. This payoff structure inherently makes cooperation seem risky, as the immediate rewards for defection are often higher. The dilemma highlights the challenges of achieving cooperation in competitive settings.

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Understanding the Risks of Cooperation in the Prisoner's Dilemma

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  1. Quiz 10:

  2. The well-known 'prisoner's dilemma' is a public-goods game for groups of two people. Two players w/ two tactics: cooperate, defect player 2 cd 2 3 c2 0 0 1 d3 1 player 1 … there is a temptation to defect: & fear of being made a sucker: Cooperation is too risky in a single play Quiz 10: Briefly, explain why the payoff structure of the Prisoner’s Dilemma game (above) would suggest that cooperation is too risky in a single play.

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