Game Theory

This is a method of analyzing decision-making in strategic situations.

The Prisoner’s Dilemma: An Example of Game Theory in Real Life

The Prisoner’s Dilemma is a classic example of game theory, which is a branch of mathematics that studies the strategic interactions between individuals or groups. In this article, we will explore the concept of the Prisoner’s Dilemma, how it applies to real-life situations, and its implications for decision-making. What is the Prisoner’s Dilemma? The Prisoner’s …