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Think of a real-life situation in which you have noticed a prisoner's dilemma game. Can you help me explain my example? I want to use
Think of a real-life situation in which you have noticed a prisoner's dilemma game.
Can you help me explain my example? I want to use the pandemic as an example, specifically getting the vaccine vs not getting the COVID 19 vaccine.
1. What is the situation, or "game"?
2. Who are the 2 players?
3. What are the 2 strategies?
4. What seems to be the Nash equilibrium?
5. Can you think ofsome way that an incentive could be changed in order to arrive at better payoffs?
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