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Game Theory Prisoners Dilema
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Excerpt from Essay:
Game Theory Prisoners Dilema
......Conclusion
Though the real world situation fit the concepts of game theory fairly well, the hypothetical situation would actually have many more complexities and considerations that would be all but impossible to account for in game theory. Certainly, manager B could have brought their suggestions to a superiors attention and could have received recognition and compensation for their contributions to manager As project. In addition, should someone else supply the information manager B should have supplied, manager B would likely be penalized. Game theory only woks with finite and simple conditions, and these rarely exist in the real world
References
Levine, D. (2010). What is game theory? Accessed 2 December 2010. http://levine.sscnet.ucla.edu/general/whatis.htm
Ross, D. (2010). Game theory. Accessed 2 December 2010. http://plato.stanford.edu/entries/game-theory/
Segerstorm, S. & Nes, L. (2006). When Goals Conflict But People Prosper: The Case of Dispositional Optimism. Journal of research in personality 40(5): 675-93......
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