Examples of Prisoner's dilemma in the following topics:
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- The prisoner's dilemma shows why two individuals might not cooperate, even if it is collectively in their best interest to do so.
- The prisoner's dilemma is a canonical example of a game analyzed in game theory that shows why two individuals might not cooperate, even if it appears that it is in their best interest to do so.
- Similarly to the prisoner's dilemma scenario, cooperation is difficult to maintain in an oligopoly because cooperation is not in the best interest of the individual players.
- One traditional example of game theory and the prisoner's dilemma in practice involves soft drinks.
- Analyze the prisoner's dilemma using the concepts of strategic dominance, Pareto optimality, and Nash equilibria
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- The prisoner's dilemma is a specific type of game in game theory that illustrates why cooperation may be difficult to maintain for oligopolists even when it is mutually beneficial.
- In a prisoner's dilemma game, the dominant strategy for each player is to betray the other, even though cooperation would have led to a better collective outcome.
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- Game theory suggests that cartels are inherently unstable, because the behavior of cartel members represents a prisoner's dilemma.
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- A person who must choose between competing moral imperatives faces an ethical dilemma.
- Several ideas from political philosophy can guide managers in resolving an ethical dilemma:
- Justice: Another way to consider an ethical dilemma is by considering the principle that all people should be treated equally.
- Common good: Finally, resolving an ethical dilemma might mean considering whether one choice is more in keeping with the long-term welfare of all affected parties.
- Discuss the innate contradictions that often arise in an ethical dilemma, where two or more different moral imperatives conflict
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- The learner must first face a disorienting dilemma.
- A disorienting dilemma is triggered by a life crisis or major life transition, although it may also result from an accumulation of transformations in meaning schemes over a period of time (Mezirow, 1995, p. 50).
- Mezirow (1997) points out that transformative learning theory always begins with a disorienting dilemma.
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- The principle-agent problem (agency dilemma) exists when conflicts of interest arise between a principal and an agent in a business setting.
- In economics, the principal-agent problem (also known as an agency dilemma) exists when conflicts of interest arise between a principal and an agent in a business setting .
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- Consider an ethical dilemma involving a colleague.
- The top box of the decision tree would state "Colleague Dilemma."
- Decision trees therefore support the evaluation process and can help clarify often-complex ethical dilemmas.
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- After being faced with a disorienting dilemma in phase 1, the learner steps through the remaining phases reflecting on his/her own experiences.
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- In his book, The Innovator's Dilemma, Christensen (1997) differentiates between "sustaining technologies" and "disruptive technologies".
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- He used the idea of moral dilemmas—stories that present conflicting ideas about two moral values—to teach 10 to 16 year-old boys about morality and values.
- The best known moral dilemma created by Kohlberg is the "Heinz" dilemma, which discusses the idea of obeying the law versus saving a life.
- Kohlberg emphasized that it is the way an individual reasons about a dilemma that determines positive moral development.
- After presenting people with various moral dilemmas, Kohlberg reviewed people’s responses and placed them in different stages of moral reasoning.
- This often occurs in moral dilemmas involving drinking and driving or business situations where participants have been shown to reason at a lower developmental stage, typically using more self-interest driven reasoning (i.e., stage two) than authority and social order obedience driven reasoning (i.e., stage four).