If the CEO of I'MaBigBank is playing prisoner's dilemma then, from his perspective, the gains to be had from cooperation are

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20-07-2022
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If the CEO of I'MaBigBank is playing prisoner's dilemma then, from his perspective, the gains to be had from cooperation are

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jayilych4real jayilych4real · Answer 1 · 2022-07-25T21:22:21+02:00

If the CEO of I'MaBigBank is playing prisoner's dilemma then, from his perspective, the gains to be had from cooperation are larger than the rewards from pursuing self-interest.

What is the Prisoner's Dilemma?

This refers to the situation in game theory where two rational individuals might choose not to cooperate, even if it is in their best interests to do so.

Hence, we can see that this is usually a battle between gain to be made and self-interest and play the prisoner's dilemma, this means that the gains to be had from cooperation are larger than the rewards from pursuing self-interest.

Read more about prisoner's dilemma here:

https://brainly.com/question/22597804

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