Uploaded September 2020 | Updated September 2026, 1 week ago

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This video gives a few more examples of prisoner's dilemma's including:
*Investment in innovation by duopoly firms
*Grading on the curve
*Whether to go to war
*Friends apologizing

Prisoner's Dilemmas are where:
1) Both (all) players have a dominant strategy.
2) Both players prefer the situation where they both play their dominated strategy more than they prefer the Nash.

0:19 - What is a Prisoner's Dilemma?
0:56 - Charity Donations
2:05 - Grading on a Curve
3:48 - War & Peace
5:08 - Innovation Investment (Oligopoly)
7:23 - Apology to Friend