THE PRISONORS DILEMMA

A CASE ANALYSIS PRESENTATION BY

BIJAY KUMAR JENA - 14 MANOJ KUMAR PRADHAN - 37 SANJIV KUMAR SAHOO - 50 SOVESH S JENA - 51

PRISONERs DILEMMA
JOE PROSECUTOR SAM

THE DEAL
1.

2.

3.

If you confess that the two of you committed the crime and the other guy denies it, we will let you go free and send him up for five years If you both deny the crime, we have enough circumstantial evidence to put both of you away for two years. If both of you confess to the crime, then you will both get 4 years sentences

PD PAYOFF MATRIX
COOPERATE (C) DEFECT (D) ACTION JOE C C D D SAM C D C D PAYOFF JOE -2 -5 0 -4 SAM -2 0 -5 -4

-5 Suckers payoff (S) 0 Temptation (T) -4 Punishment for denying (P) -2 Reward for mutual cooperation (R) T>R>P>S R > (T+S)/2

PD PAY OF MATRIX
COOPERATE COOPERATE
WIN WIN WIN MUCH LOSE MUCH

DEFECT
LOSE MUCH WIN MUCH LOSE LOSE

DEFECT

Prisoners Dilemma
The model of Prisoners dilemma was presented by Robert Axelrod, Douglas Hofstadter and others. The prisoners model postulates a condition in which a rational action of each individual is not to coco-operate. The model can be applied to many real world situations

THE SCORPION

The ScorpionContd
It is Scorpion that pulls humanity down If you are not a scorpion, you are not able to play every move of every game in cooperation zone, hopping that sooner or later you will meet a scorpion. Be watchful..! Scorpions may know the consequences, but will not care like a suicide bomber/ an assassin.

BUSINESS SITUATION
1.

2.

3.

4.

EMPLOYER EMPLOYEE Employee moving out after taking the training provided by the employer S Employer removing the employee due to lack of knowledge T Employee does not have the skill and the employer is not providing it fearing that the employee will leave after the training P Employer provide the required skill by training and the employee remains loyal R

BUSINESS SITUATION
1.

2.

3.

CUTOMER VENDOR The large client repeatedly pruned its vendor list to remove small vendors Forced the employee of the small vendors to work for a large vendor as per its wish. The defection is possible due to relative size and power of the party as the client is not worried about the defection by small vendors

Much of Ethics, of course consists of rules that each of us can to choose to follow and so ethics too creates a prisoners dilemma. Gandhi succeeded in his various of prisoners dilemma because the British were not willing to resort to the ultimate defection.

SASA-SESE-MIMI-RAA

SASA-SESE-MIMI-RAA.
There is no credit in cheating a close friend or a honest partner in any activity with whom you have a very good relationship. It is similar to the case of killing an individual while he sleeps. If you go to the Sangam of Ganga, Jamunna and Saraswati for an excuse, you may be excused if you have murdered, but you will not be excused if you have killed your friend. Three people always go to hell. One who has committed blunder with his partner or friend, one who cheat a partner or friend from whom he has received help and the person who cheat a partner who has trusted him. This had happened in past, now it is happening and it will also happen in the future till the existence of the mankind. Hello Raaja, if you want your son to be cured, then give gifts to Brahmins and worship God.