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How Contemporary Stays the Prisoner’s Dilemma in Economics?

Author

Listed:
  • Adriana NICOLAE

    (Cuca 1st – 8th form school, Arges County)

  • Gheorghe SAVOIU

    (The University of Pitesti)

Abstract

This paper describes the prisoner dilemma and applied it three times during three examples in the contemporary economics on frequent or usual situations. After a short introduction, the first part of the article is an attempt to detailed the prisoner dilemma, which still has an important influence in the contemporary theory of economics as an interesting problem of applied mathematics that indicates the absence of a solution, and thus the game theory offer an image of complexity and simplicity in mathematics thinking. The dilemma appears more realistic in economic phenomena. Three examples constitute the second section, constructed around the economic way of thinking of three important problems. A final remark closes the paper with the idea of a necessary and excellent approach to other scientific worlds through mathematics, games’ theory, theory of complexity and other multi-disciplinarity options.

Suggested Citation

  • Adriana NICOLAE & Gheorghe SAVOIU, 2012. "How Contemporary Stays the Prisoner’s Dilemma in Economics?," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 60(2), pages 23-28, May.
  • Handle: RePEc:rsr:supplm:v:60:y:2012:i:2:p:23-28
    as

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