Archive for January 1st, 2007

Turning lose-lose into win-win

1st 2007f January, 2007, Peter

In game theory, the Prisoners’ Dilemma refers to a game where two prisoners are being interrogated separately by an official, and where they will both be better off if they either they both confess or else if both deny the accusation.  However, if one confesses and the other denies, then the confessor will be worse off than [...]