menu

Keyword: prisoner's dilemma

Aborting White Flight (11/1/2000)

An ethnically integrated neighborhood may not come about or persist if it is not reinforced by deliberate intervention.

Keywords: affirmative marketing, fear of integration, invisible hand, neighborhood integration, prisoner's dilemma, property value, white flight

Cleaning Up the Detergent Market (1/25/2012)

A cartel in detergents broke up over defections from agreed prices and promotion practices.

Keywords: antitrust, cartel, commodity, detergent, oligopoly, price collusion, price fixing, prisoner's dilemma, promotion

Games people play (transcript) (3/27/2007)

Narrated lecture on multi-party games involving binary choices.

Keywords: binary choice, congestion, coordination, critical mass, dominant strategy, externality, game theory, gender, invisible hand, nash equilibrium, payoff matrix, prisoner's dilemma, Schelling, stable solution

Invisible-hand Game and Prisoner's Dilemma Game (11/2/2011)

Games involving binary choices can be better illustrated with N number of players rather than just two players. The invisible-hand game and the prisoner's dilemma game are featured examples in this first in a series of 3 video lectures on game theory.

Keywords: binary choices, game theory, invisible hand game, payoff matrix, PD game, prisoner's dilemma

Please Sit Down! (8/22/2012)

A prisoner's dilemma results when people compete for limited positional goods. Individually smart, but collectively dumb.

Keywords: basketball game, economics cartoon, positional goods, prisoner's dilemma

Prisoner's Dilemma (11/2/2011)

Individually smart, collectively dumb.

Keywords: confession, prisoner's dilemma, robbery, trust

Tipping the Scales (1/16/2006)

Tipping for service is a social custom that traps everybody into a collectively inferior position.

Keywords: doormen, gratuity, prisoner's dilemma, service, social custom, tax, tip, tipping, trap

Who Sets the Curve? (11/22/2003)

Even though extra study time will improve only one's absolute position but not one's relative position in the grading curve, competitive pressure will ensure that any agreement to not out-study each other will be broken.

Keywords: curve, dominant strategy, grade curving, PD, prisoner's dilemma