The Prisoner's Dilemma and the Limits of Rationality
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This paper is based on "The Prisoner's Dilemma" as an example of a paradox defined by the author as a problem requiring attention to key issues in contrast to what logicians or other proponents of rational decision making presume. The paper provides a careful explanation of what a paradox is in relation to Sainsbury, addresses possible solutions to the prisoner's dilemma and offers a conclusion stressing the eventual need for a decision.
From the Paper:"The provided version of the prisoner's dilemma involves two persons arrested for drug running and detained separately who must choose whether to say nothing, in which case both persons will spend a year in prison, or if both confess to the crime, five years in prison. If one confesses, he will serve five years but the other will be freed. Both persons are aware of the same outcomes and must decide individually what to argue. According to models of rational action, both parties will consider remaining silent, the choice of the other person none of their concern and as both know that..."
Cite this Analytical Essay:
The Prisoner's Dilemma and the Limits of Rationality (2007, December 01) Retrieved January 21, 2021, from https://www.academon.com/analytical-essay/the-prisoner-dilemma-and-the-limits-of-rationality-135916/
"The Prisoner's Dilemma and the Limits of Rationality" 01 December 2007. Web. 21 January. 2021. <https://www.academon.com/analytical-essay/the-prisoner-dilemma-and-the-limits-of-rationality-135916/>