Introduction to Game Theory/Dominant Strategies
From Wikibooks, the open-content textbooks collection
At the end of the last lesson we looked at the Matrix table for the Prisoner's Dilemma. It was as follows:
| Prisoner's Dilemma Matrix Form |
Person A | ||
| Confess | Stay silent | ||
| Person
B |
Confess | (2,2) | (1,4) |
| Stay silent | (4,1) | (3,3) | |
We also learnt how to determine payoffs from this table. However, how can we analyse this table? Let's take a look...