Prisoner’s Dilemma
Prisoner’s Dilemma Advait

Prisoner’s Dilemma 🤔

Application: GS 2( IR )

Why in news ? 📰

🎙️ Addressing the Goa Maritime Conclave, Defence Minister Rajnath Singh emphasized the importance of "Prisoner's Dilemma" to urge countries to collaborate 🤝 rather than work against each other 🌐.

🌐 Introduction:

The Prisoner’s Dilemma sheds light on strategic decision-making in international relations, often seen in scenarios like arms races born of mutual fear and mistrust.

🎮 Prisoner’s Dilemma:

A classic "game" in Game Theory, it explores human behavior under different circumstances.

🔐 The Game:

Two suspects, A and B, face a choice - confess or stay silent.

1. Both stay silent: Each serves 1 year.

2. One confesses, the other stays silent: Confessor goes free, silent one gets 20 years.

3. Both confess: Both serve 5 years.

🤝 Resolution:

- Staying silent is ideal, but risky if the other confesses.

- If uncertain, confessing is the safer bet.

- Cooperation leads to the best outcome – both serve just 1 year.

🌍 Real-World Relevance:

- In business, companies must decide between endless price wars or setting a minimum price for mutual profit.

- In geopolitics, countries can avoid destructive arms races by establishing ground rules.

🎯 Conclusion:

The Prisoner's Dilemma offers insights into navigating strategic challenges in international relations, emphasizing trust, cooperation, and mutual gain.

Advait IAS