Tuesday, February 17, 2015
Zach Newton, Chapter 2, Question 6
Many of the incentives-gone-wrong stories were very interesting, but the one that I found to be most significant was the prisoner dilemma which outlined how acting in rational self-interest can in fact lead to poor results. Because both prisoners kinda wanted the "light" three year sentence to remain a possibility, both paid the consequence of twenty five years, rather than taking the much lighter five year sentence. This story made me wonder what I would do in this scenario, and I think, unless my accomplice was someone who had taken this class and read the chapter, I would do the same thing. I am disappointed to do the same thing, but it is much better than a life sentence.
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