Title:
The Prisoner's Dilemma is an Innovative Tool Valid in the Most Varied Situations: some Applications

Authors:
Boniello Carmine, Italy

Abstract:

The paper was born from the intent to highlight the importance of the prisoner's dilemma and its applications. Prisoner's Dilemma is a comprehensive information game proposed in the 1950s by Albert Tucker as a game theory problem. In addition to being extensively studied in this context, the "dilemma" is also quite well known to the non-technical public as an example of a paradox. John Von Neumann, creator of game theory, was also interested in this dilemma, presented to him by the two creators while working at RAND in 1948. In this article, we have applied the prisoner's dilemma to three very different events: the writing of the thesis, its application in the tobacco manufacturers and the role of pricing policies and the prisoner's dilemma.

DOI: https://doi.org/10.51505/IJEBMR.2024.81008