Game theorists, some of whom are mathematicians, some economists, have enjoyed wrestling with the problem known as “The Prisoner’s Dilemma.” (Wrestling with that problem has even figured in the awarding of several Nobel Prizes in the field of economics.) Now researchers in Germany have seen what happens when some real prisoners are faced with The […]
Tag: game theory
Optimal shirking
Shirk : verb ‘To avoid work, duties or responsibilities, especially if they are difficult or unpleasant.’ [source: Cambridge Advanced Learner’s Dictionary ] The word normally carries quite pronounced negative connotations. But are there circumstances when shirking might have beneficial effects? For example in the efficient operation of teams? According to new research from Tadashi Sekiguchi […]