The Prisoner's Dilemma
Two suspects are interrogated separately. If both stay silent, each serves 1 year. If one confesses and the other stays silent, the confessor goes free and the other serves 5 years. If both confess, each serves 3 years. In the unique Nash equilibrium, how many years does each suspect serve?
Related problems & prerequisites
Worth solving first
- Matching Pennies 6.0/10
- Bertrand Competition 6.0/10
- Grim Trigger 5.0/10
Source: Devised by Merrill Flood and Melvin Dresher (1950) and given its prisoner framing by Albert Tucker. Statement written for AxiomIQ.