Think of a real-life situation in which you have noticed a prisoner's dilemma game. It could be at work, home, the classroom, local business, etc. A lot of good examples have been offered in the past, and use this with students, with your family (lots of examples with kids) work (you and your boss, varying incentives and payoffs) so take some time to think about how these things apply.

Then please reply to this email by Friday with your answers to the following questions:

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. Is there some way that an incentive could be changed in order to arrive at better payoffs?