A Comparison Between Prison and Non-Cooperative Games
A game is a systematic, organized form of play, normally undertaken for amusement or relaxation, and at times used as an educational tool. Games are very different from work, which are typically carried out with remuneration in mind, and from literature, which are usually more of an expressive or aesthetic component of aesthetic or intellectual factors. Games can therefore be categorized as play, motor-car racing, fishing, billiards, chess, checkers, pool, air hockey, backgammon, snooker, tennis, hunting, gambling, etc. Different games may be pursued individually or together in groups of differing degrees of complexity. Games can therefore be classified as single-player, two-player, multiplayer, arcade, simulation, time management, word-power, object-oriented, strategy, arcade flash, puzzle, board games, racing, war, sports, puzzle, etc. Most video games take the form of ones and bingo games, arcade games, sports games, motorized games, flight simulators, word puzzles, Scrabble, musical chairs, minigames, etc.
Economic models in business are complex, demanding both an elaborate knowledge of the theory of the business environment as well as detailed knowledge of the Nash equilibrium concept. The Nash equilibrium concept is formulated on the assumption that two competing agents will choose the level of output that maximizes utility, i.e., it will maximize profit. According to the Nash equilibrium analysis, there are four equilibrium conditions: perfect demand, perfect supply, perfect competition and inefficient demand. Economic models based on the game theory assume that there are four different types of agents: the buyer, the seller, the producer, and the customer.
The prisoner and the dictator game theory is considered to be one of the more flexible and original versions of the game theory. In the prisoner game theory, there is only one agent, the Prisoner, who can manipulate all the other agents. The Prisoner has a clear understanding of what is demanded of him; he knows exactly how much to produce, how much to sell and how much to give away.
The dictator game theory is quite similar to the prisoner game theory in that there are only two possible agents, the Dilemma and the Free Market, and no other external agents. In the dictator game theory, there is a clear set of goals, known as the desired equilibrium, for both players. The game is typically played with the computer or a video-based interface. The game begins with a setup where all of the players are blank, except for a blank-pressed pawn. After this, all of the players will press the corresponding pawn’s space bar in order to create a dilemma. Once created, each player will have the opportunity to create a new dilemma within the existing dilemmas.
The game theory is considered the more refined and “normal” form of the two-sided dilemma game. In it, there are two groups of players, known as the Prisoners and the Beneficiaries, who are attempting to cooperate with each other while avoiding being trapped within a prison of their own making. Each player is assigned a Prisoner and a benefactor, who must prevent the other from becoming free.
These two forms of the prisoner and non-cooperative game theory have similarities and differences. Both theories attempt to explain the different actions and reactions of players in a game, and why they may not reach a conclusion that they do not desire. However, it should be noted that the Prisoner and the Beneficiaries in this game theory are not the same person, nor are they necessarily two distinct individuals. There is just a general tendency for all people involved to stick together regardless of personal preferences. The Prisoner game theory is considered to be a more normal and “natural” approach to gaming, while the Non-Cooperative game theory deals more with the social aspect and makes more use of various types of communication.