POL208Y1 Lecture : POL208 Lecture Six.docx
Document Summary
It has conflicting and competing preferences and it sometimes turns to zero-sum games. It becomes interesting when there is a tension: good for community or individual this is the dilemma. Each actor does what is rational for him or herself. Therefore they will rat on their friend so the individual can walk free. This ordering of preferences is the prisoner"s dilemma. This can relate to international relations: instead of individuals it turns into countries. Dc > cc > dd > cd = prisoner"s dilemma. Regardless of what the other team does, the best response is to defect. The most stable outcome is dd this is known as nash equilibrium (ne). Nash equilibrium is trying to denote is an outcome that is very likely and stable outcome actor is very unlikely to change its strategy. This was named after nash what is going to be more stable and more likely.