Let's state The Prisoner’s Dilemma explicitly. Just 'cause I'm in a mood. Suppose two criminals have together robbed a bank. Police have captured and are interrogating them both. The police could get them both on a lesser charge (say, reckless discharge of their weapons) even if neither confesses on the big charge (the armed robbery). They are interrogating the prisoners in separate facilities, thus with no chance to communicate. The police offer each prisoner, simultaneously, the following deal: “Confess, ratting on your buddy, and you will be set free. We will convict your buddy and he will serve three years in prison. If you refuse to confess, your buddy may well take this same deal, and you will serve three years in prison, he will walk free. “If you rat on him and he rats on you, we’ll have to convict and punish both of you.But we won’t w ant your cooperation to go unrewarded, so in that case we promise a one-year cut on your sentence...
