Informative Speech on Prisoner’s Dilemma Essay Example

for silence, both will suffer a one-year term. On the other hand, if prisoner B chooses to become an informant, then prisoner A will be imprisoned for three years while inmate B gains liberty. In contrast, if it's prisoner A who stays silent, they both receive two-year sentences each. However, if inmate A decides to betray rather than remain silent, he attains freedom while his cellmate B endures three years behind bars. This scenario returns us to the dilemma of which path these inmates will select. It is crucial to understand that there is no way for them to communicate with each other.

For prisoner B, it is more advantageous to betray if A stays silent for either 1 year or 3 years. Similarly, if A betrays, B should also betray. In general, B should opt for betrayal. Likewise, A should choose to betray. However, if the prisoners have the ability to communicate with each other, it becomes clear that both staying silent is preferable to both betraying. So far, we have covered all scenarios of the prisoner's dilemma. Nevertheless, this question can become much more complex. If the prisoners initially agree to remain silent but one betrays when questioned by the police, the other prisoner will face the most severe punishment.

If there is revenge for betrayers, individuals may be hesitant to betray others. Even if someone wants to admit guilt, they will remain silent regardless of the actions of others. Now that you have been introduced to the thrilling and influential prisoner's dilemma, let me provide you with real-life examples to demonstrate its deserving of the label 'exciting and powerful'. You may be

familiar with the renowned real estate company, Wanke. In the real estate market, companies often form agreements on estate prices to maximize their profits. However, Wanke decided to reduce the price of its estate.

In 2008, Wanke corporation witnessed a boost in profits due to an upsurge in apartment sales. However, it also encountered criticism for perceived market manipulation, illustrating the nature of competition in business. Often companies choose to uphold pricing levels resulting in shared financial gains–an indication of collaboration. Nevertheless, should one lower prices while others remain steady, they might enjoy higher profits but risk being viewed as traitors. This dynamic isn't confined to commerce alone; it's observable even at local sports events. Envision a situation where you and Tom are rivals in a long-distance bicycle race with comparable skills.

The leading athlete often faces a tougher battle with the wind compared to those trailing behind, who still have energy left and can potentially surpass them near the finish line. The optimal arrangement is for you and Tom to alternate in taking the lead position. However, if neither of you are willing to take this role on first, it could limit your performances and prevent both of you from achieving your potential bests. END Time may be running out, but I am confident that my words will resonate long after as you reflect on real-life examples of prisoner's dilemma around you and relate it back to my discourse.

You might observe that I have not offered any solutions for the situations I discussed. This is because a multitude of variables impact each issue that I've refrained from mentioning. From my

examination, delving into details becomes crucial when dealing with a prisoner's dilemma. One method could be assigning particular gains and losses and incorporating them into the diagram. Lastly, I want to end my discourse with one more predicament which, in my view, all students come across. Harking back to the start where it was said "Three boys are no boy at all," would you take on the task of tidying up your dormitory?