May 18, 2026
The "prisoner's dilemma" is one of the most famous ideas in game theory. For decades, this game has been used to explain why selfishness often beats cooperation. In the prisoner's dilemma, two players can either cooperate or cheat. Cheating always seems to pay off more, so both players end up cheati ng and losing out even though working together would have given them the biggest reward. ...read more read less
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