THE PRISONER’S DILEMMA (I). In the prisoner’s dilemma two people have been arrested, the one inmate is called Smith. In this situation the authorities are not interested in the truth but only want to convict someone. An interrogator lays out the consequences for Smith. If Smith does not confess but the other guy confesses against Smith, they will release him and Smith will be put away for ten years. If Smith confesses and the other guy does not Smith will be free. If both men confess, each will receive five years. Still, if neither of the men confesses, there will not be enough evidence to convict either one of them. Each man will be held for one year, and then let go. Smith and the other man are being offered the same deal. One might assume that each man would confess against each other. In this case b....

Number Of Pages: 4

Number Of Words: 1067

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