prisoner's dilemma (PD) TASK

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The prisoner's dilemma is a game theory thought experiment that involves two rational agents, each of whom can cooperate for mutual benefit or betray their partner ("defect") for individual reward. If both players cooperate, they both receive the reward R for cooperating. If both players defect, they both receive the punishment payoff P. If Blue defects while Red cooperates, then Blue receives the temptation payoff T, while Red receives the "sucker's" payoff, S. Similarly, if Blue cooperates while Red defects, then Blue receives the sucker's payoff S, while Red receives the temptation payoff T. To be a prisoner's dilemma game in the strong sense, the following condition must hold for the payoffs: T>R>P>S. The payoff relationship R>P implies that mutual cooperation is superior to mutual defection, while the payoff relationships T>R and P>S imply that defection is the dominant strategy for both agents.

This dilemma was originally framed by Merrill Flood and Melvin Dresher in 1950 while they worked at the RAND Corporation.[citation needed] Albert W. Tucker later formalized the game by structuring the rewards in terms of prison sentences and named it the "prisoner's dilemma". William Poundstone described this "typical contemporary version" of the game in his 1993 book Prisoner's Dilemma (From https://en.wikipedia.org/wiki/Prisoner%27s_dilemma).

Definition contributed by IAlmeida
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