{"id":70105,"date":"2020-12-25T07:31:04","date_gmt":"2020-12-25T07:31:04","guid":{"rendered":"https:\/\/www.healthbenefitstimes.com\/glossary\/?p=70105"},"modified":"2020-12-25T07:31:04","modified_gmt":"2020-12-25T07:31:04","slug":"prisoners-dilemma","status":"publish","type":"post","link":"https:\/\/www.healthbenefitstimes.com\/glossary\/prisoners-dilemma\/","title":{"rendered":"Prisoner&#8217;s dilemma"},"content":{"rendered":"<p>A particular arrangement of payoffs in a two-prison situation in which each person has to choose between two alternatives without knowing the other\u2019s choice. The payoff structure is so arranged that the optimal strategy for each person depends upon whether he or she can trust the other. When trust is possible, the payoffs for each will be considerably higher than when there is no trust.<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A particular arrangement of payoffs in a two-prison situation in which each person has to choose between two alternatives without knowing the other\u2019s choice. The payoff structure is so arranged that the optimal strategy for each person depends upon whether he or she can trust the other. When trust is possible, the payoffs for each [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-70105","post","type-post","status-publish","format-standard","hentry","category-p"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Prisoner&#039;s dilemma - Definition of Prisoner&#039;s dilemma<\/title>\n<meta name=\"description\" content=\"A particular arrangement of payoffs in a two-prison situation in which each person has to choose between two alternatives without knowing the other\u2019s choice. The payoff structure is so arranged that the optimal strategy for each person depends upon whether he or she can trust the other. 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