Discussion Questions
Note we’re not expecting perfect answers here, you should spend no more than 3-5 minutes on each question.
- Why is it always best to defect in the Prisoner’s dilemma if you only play it once?
- Why is it probably better to try to cooperate if you are going to play the Prisoner’s dilemma game with the same person multiple times?
- How is the Game of Chicken similar to the situation between the US and the Soviet Union in the Cold War?
- What do you think of Nixon’s “Madman Theory” for trying to win the chicken game?