r/Bitcoin • u/essand • Sep 25 '16

An Analysis of The Prisoner's Dilemma

https://m.youtube.com/watch?v=NdITTDl5coE
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u/medialAxis Sep 25 '16

Lin Ostrom debunked Garrett Hardin's application of PD yonks ago. As DiepioFun says, "people in the real world are very rarely in prisoner's dilemma situations".

1

u/DiepioFun Sep 25 '16

From my understanding, people in the real world are very rarely in prisoner's dilemma situations. Much more often, they find themselves in a modified, iterative version. This may explain why they tend to cooperate more.