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Tag Archives: socio-economic history

OPINION: Prisoner’s Dilemma and a call to extend and reform

Guyana’s political establishment is faced with a version of the Prisoner’s Dilemma. By Terrence R. Blackman (PhD) and Thomas B. Singh (PhD) July 11, 2019 The Prisoner’s Dilemma is a well-known concept in modern game theory. It is a paradox in decision analysis in which two players, each acting in her own self-interest, will fail to produce the optimal outcome.  ...

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