What is PRISONER’S DILEMMA?

The triumph of cooperation and trust and loss of a blind pursuit of selfinterest. An illustration is provided by the problem that two inmates in separate cells face. The police offers them 3 choices: (1) Both will be jailed for 5 years, if both confess, (2) If one confesses, he will be freed. But the other inmate gets 10 years in prison. (3) If neither confesses, they will be charged for a minor offence and be jailed for a year. If both the inmates know about the selflessness of the other, they will both not confess. In the event that they dont trust the other, they will confess and spend a minimum of 5 years in jail.

More On This Topic



Link to This Definition
Did you find this definition of PRISONER’S DILEMMA helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary