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Not to nitpick this brilliant comment, but it's more of an iterated prisoner's dilemma over multiple thefts. If one expected the charade to go on forever then t
by primitivesuave 6y ago
Not to nitpick this brilliant comment, but it's more of an iterated prisoner's dilemma over multiple thefts. If one expected the charade to go on forever then the optimal strategy is indeed TFT (https://en.wikipedia.org/wiki/Tit_for_tat https://en.wikipedia.org/wiki/Tit_for_tat) but a criminal well-advised in game theory could calculate a threshold gain beyond which it is optimal to compete.
- cortesoft 6y agoTo be even more nitpicky, it isn’t really a prisoners dilemma; defecting is not rewarded at all since both people went to prison if anyone defects. The defector did not get charged with a lesser crime or anything.