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Wordcount: 1740

Prisoner

Again, a prisoner’s dilemma arises and again, it is rational for both owners to choose the uncooperative option for fear of incurring a deficit even though this choice leaves both of them with no profit . Although an exact situation like this can probably never exist, it is easy to see how entire classes of real situations similar to this are possible. N-Person Prisoner’s Dilemmas The classic two-person prisoner’s dilemma can be extended to situations that involve more than two people. In such a case, a different form of selfish behaviour – ‘freeloading’ – arises. Most multi-person prisoner’s dilemmas involve the distribution and management of some finite resource by a group of people (Colman 201) in which altruistic behav

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