Prisoner's dilemma

to King Lear, coupled with Yale’s online lecture of “Game Theory” by Ben Polak, helped me grasp the essence of game theory and broadened my perspectives for its application on daily life to complex oligopolistic situations. Particularly, the “Prisoner’s Dilemma” which demonstrated how competitors have to compromise to optimise their results. My inexorable obsession with the causes and consequences of phenomenons inevitably led me to renowned “The Undercover Economist” by T.Harford, which has…

even necessary to engage in strategic interaction with other organisms (Axelrod and Hamilton, 1981). Bacterial cells such as those of Escherichia coli (E. coli) generally cooperate with each other, but - when faced with a situation like the Prisoner’s Dilemma (where defecting leads to a better outcome than cooperation) - they will always defect (Lambert, Vyawahare, and Austin, 2014). For example, if a stronger cell (such as one who has an evolved genotypal resistance to stress) is striving for a…

compassionless habitat. The belief of individualism as the most pragmatic thing to execute is, “…the most absurd and perhaps the most dangerous. We stand together or we fall apart” (Monbiot, 2016). In every aspect of life, the lack of compassion generates a dilemma. Sometimes the skies are gray — people forget compassion heals the wound. The late Morrie Schwartz reveres the ideology, “Be compassionate. And take responsibility for each other. If we only learned those lessons, this world would be…

before the eighteenth century. When the issues were prominent, public execution and corporal punishment was the most commonly used forms of punishments. During this time period punishments were viewed as a ceremonial type of ordeal that affected the prisoner's body. During this ritual like program, the audience played one of the biggest roles. This form of execution was known for its discipline and punishment which eventually reestablished its power back to the highest figureheads. Many…

Introduction In the pursuit of expansion, TVSpot has recently contacted Top-Jingles, a firm that specializes in sound effects and music. They believe is that the competencies of the two firms go well together, and that cooperating with Top-Jingles will improve the firm. TVSpot is trying to draft a contract that secures a fair and good business relationship that is profitable for both parties. The contract must account for the contribution and risk that both parties have made, at the same time as…

When a colleague asks how we are first thing in the morning, our answer is frequently a lie; regardless of how we feel that day and what is going on our lives, we automatically present a picture of wellness and happiness. This is just the first of many lies we will tell throughout our day, assuming we have not already lied to those we may have encountered in our household. Indeed, lies permeate our lives, and the average person [insert statistics here]. Why do we do this? What is the point of…

The Case for Treating Drug Addicts in Prison Article Review The article written by Mary Carmichael and published June, 28, 2010. Makes an argument for treating drug addictions behind penile institution bars, the cost involved versus the public benefits, to include the opportunities and benefits associated with a captive audience for the dissemination of lawful instructions, advice and available options that work to improve the inmate's rehabilitation chances with a direct force on curing them of…

account during negotiations. In turn, we would certainly see a more willing attitude towards binding contracts stemming from developed countries. The problem of conflicting interests and motives was another obstacle we looked into alongside the Prisoner’s Dilemma game. We noted that the threat of climate change is not credible enough to deter actors from free-riding. Extensive cooperation is necessary in order to reduce climate change. A solution was proposed: legally binding treaties seeing as…

Survival of the Self One of Thomas Hobbes most well-known quotations is “the condition of man is the condition of war of everyone against everyone." In his work, Lord of the Flies, William Golding gives readers a glimpse of what members in society might become if social order or moral rules no longer existed. In his article, Introduction to the Social Contract Theory, Kevin Browne tells of the "four important factors which together conspire to put us at odds with one another unless we form…

Society is a collection of individuals living in an ordered community that provides protection for all who reside in it. However, individuals do not directly consent to this system, but rather give tacit consent. As such, the question must be asked: “What was the period called before tacit consent was present in society?” Many political philosophers, such as Thomas Hobbes, John Locke, and Jean Jacques Rousseau have called the period before society “the state of nature.” Hobbes, Locke, and…