Poli 260 - Week 3 (Tutorial)

Poli 260 - Week 3 (Tutorial) - (5 points 10 years 10 years...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Poli 260 Week 3 Tutorial Prisoner’s Dilemma - How to negotiate and assess your needs with others’ needs 1) You and your colleague are in jail. 2) Isolated from each other and don’t know what the other is saying. 3) Police invite you to implicate the other (defect). 4) What happens to you depends on what both of you choose. Cooperate Defect Cooperate 5 years 5 years Fairly good – reward for mutual cooperation (3 points) 20 years 0 years Very bad – sucker’s payoff (0 points) Defect 0 years 20 years Very good – temptation
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Background image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: (5 points) 10 years 10 years Punishment for mutual cooperation (1 point) B A-Trust/reputation-Iterated play-Misinformation-Unequal information-Uncertainty-Individual incentives-Costs/gains-Self-interested/mutual benefit -Tit for Tat – changing your decision every time your partner changes his/her decision-Relative gains (for international scheme) point system is unbalanced -Fear-Coercion? -Absolute vs relative gains cooperate Poli 260 Week 3 Tutorial...
View Full Document

This note was uploaded on 12/07/2011 for the course POLI 260 taught by Professor Sens,allen during the Winter '09 term at UBC.

Page1 / 2

Poli 260 - Week 3 (Tutorial) - (5 points 10 years 10 years...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online