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Playing the Game of Trust: How the Prisoner's Dilemma Applies to Your Life
What is prisoner's dilemma in game theory? In this episode of FutureIQ, we explain the concept of Prisoner's Dilemma in game theory, a scenario
where two rational individuals may not cooperate, even if it appears to be in their best interest. We provide an overview of what Prisoner's
Dilemma is, how it applies in economics, and what the game entails.
Using real-life examples, we illustrate how this concept applies in situations such as business, politics, and even personal relationships.
We also discuss how to win at Prisoner's Dilemma and the implications of the game for future interactions. By the end of the episode, you will
have a clear understanding of the theory and how it can be applied in various contexts.
Let's understand the meaning of Karmanye Vadhikaraste and how we can apply it to our daily lives.
Hope you enjoyed FutureIQ by Navin Kabra and Shrikant Joshi. Do hit us up on Twitter:
@ngkabra http://twitter.com/ngkabra
@shrikant https://twitter.com/shrikant
Listen it on the podcast provider of your choice: https://tapthe.link/FutureIQRSS
Watch The FutureIQ Podcast on YouTube: https://www.youtube.com/playlist?list=PLAppTB0r5_TaYueZ0adD42Wiw5X-wTE4v
#futureiq #gametheory
View all episodes
By Videoschool MediaWhat is prisoner's dilemma in game theory? In this episode of FutureIQ, we explain the concept of Prisoner's Dilemma in game theory, a scenario
where two rational individuals may not cooperate, even if it appears to be in their best interest. We provide an overview of what Prisoner's
Dilemma is, how it applies in economics, and what the game entails.
Using real-life examples, we illustrate how this concept applies in situations such as business, politics, and even personal relationships.
We also discuss how to win at Prisoner's Dilemma and the implications of the game for future interactions. By the end of the episode, you will
have a clear understanding of the theory and how it can be applied in various contexts.
Let's understand the meaning of Karmanye Vadhikaraste and how we can apply it to our daily lives.
Hope you enjoyed FutureIQ by Navin Kabra and Shrikant Joshi. Do hit us up on Twitter:
@ngkabra http://twitter.com/ngkabra
@shrikant https://twitter.com/shrikant
Listen it on the podcast provider of your choice: https://tapthe.link/FutureIQRSS
Watch The FutureIQ Podcast on YouTube: https://www.youtube.com/playlist?list=PLAppTB0r5_TaYueZ0adD42Wiw5X-wTE4v
#futureiq #gametheory