BIOL 1500 Chapter Notes -Montreal Protocol, Game Theory
10 Apr 2014
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Document Summary
Humans are interacting with nature in an unsustainable way. People tend to over-harvest resources, destroy habitats, and pollute our environment. If we can all cooperate then we should be able to live in sustainable way (not that simple) Game theory- mathematical analysis of winning strategies used to maximize competing individuals gains and their opponents losses. Prisoner"s dilemma- two player game in which there is the option to compete and an option to cooperate, each with different payoffs (depending on what each player does, there are different payoffs) There are four different payoffs, and each payoff in one of the four boxes corresponds to the players" colour. For example, if player a chooses to cooperate and. Player b chooses to defect, then the payoff is five years in prison for player a and zero years for player b. It is always the best strategy to defect (not cooperate) no matter what the other player does -- illustrates what is called the.
