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Game Theory 101: The Prisoner's Dilemma

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Published on May 7, 2010

Game Theory 101: The Complete Textbook on Amazon: http://amzn.to/1SlRTtg

http://gametheory101.com/courses/game...

This lecture explains how to find the equilibrium solution to a prisoner's dilemma using the strict dominance solution concept. Just because an outcome is good for everyone involved does not mean that rational players will reach it!

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