Writing - Blog - The iterated prisoners dilema (opens in new tab)
If we are to discuss the iterated Prisoner's Dilemma, we must first discuss it with 1 iteration. The idea in a single iteration, is that you and another convict have 2 choices available and there 4 possible outcomes. For simplicity, we will name the prisoner's Cain and Abel, and the options Betray and Cooperate. If Cain betrays, and abel cooperates, Cain gets free and Abel serves for 3 years. If Cain betrays, and abel betrays they both serve 2 years. If Cain cooperates and Abel cooperates, th...
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