10/20/03
5
The Three Dilemmas
¥
Chicken (
TRS
P
)
§
DC > CC > CD > DD
§
characterized by mutual defection being worst
¥
Stag Hunt (
RT
PS
)
§
CC > DC > DD > CD
§
better to cooperate with cooperator
¥
PrisonersÕ Dilemma (
TR
PS
)
§
DC > CC > DD > CD
§
better to defect on cooperator
These rules may help you decide what kind of dilemma you have