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Game theory of conflict by Thomas C Schelling - YouTube

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The Game Theory of Conflict Dr Thomas C Schelling, University of Maryland. The Prisoners' Dilemma: An Unsympathetic Critique The most popular, most famous, most mentioned exemplar in game theory, especially in the social sciences, is the ‘prisoners’ dilemma’ – actually a predicament rather than a dilemma. Two men – all we know is their gender – charged with a joint violation of the law, are held separately by the police. Each is told that: If one confesses and the other does not, the former will be given a reward of one unit and the latter will be fined two units; If both confess, each will…

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