Prisoners' dilemma and Nash equilibrium | Microeconomics | Khan Academy
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- Опубліковано 26 січ 2012
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Why two not-so-loyal criminals would want to snitch each other out
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Microeconomics on Khan Academy: Topics covered in a traditional college level introductory microeconomics course
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Evolution of a Mathematicians career :
Undergraduate => Graduate => Assistant Professor => Associate Professor => Professor => Prison Warden
> Pizza delivery
For some reason, i can never sit through the lecture of my professors, i'd either fall asleep or get bored with their analogy and start tapping on my phone but surprisingly I would sit through your videos and just keep replaying it if i dont understand it. Anybody else going through the same thing i am ? I also would come to your videos before going to any of my professors just because you are much more easier to understand.
You could drop $150k on an education that you could get on UA-cam, then buy a sheep skin and transcript off the darkweb.
I'm sure if your professor would have a smartboard, a nice voice, and an easy example you would go to his lectures. We, like people, have changed over the past 20 years or so. Since multimedia became mainstream we changed our attention span and our expectations for entertainment. There have been numerous studies on our attention span. One showed that, because of cell phones (social media scrolling), our attention span has significantly decreased, which means we 'can' only comprehend something for a short time before getting bored and 'scrolling away'. Another thing is, we get bored by plain text, plain speech, etc. One of many studies showed that the same post (same text, same information) gets less attention (fewer likes and comments) on Facebook if it's only in plain text instead of a text and picture (without taking into account how related the picture is). I see asynchronous learning (videos) as the future of learning because you have a multimedia format (speech + pictures, graphics, videos) with enriches the experience (most of us are visual types, hence it helps us to understand something when it's already visualized) and helps remembering stuff (there's been a psychology experiment I think in the '80s where they tested short-term memorization of words by just reading them and a technique that uses non-related visuals, i.e. for each word you look at an object in your surrounding), and you also have the options to replay the video or pause it as you like, in that way dictating your own learning tempo.
@@matik0701 That experiment in the '80s reminds me of learning a new language using Rosetta Stone. They say the word and show the picture. Brilliant!
I want to see my lawyer first.
This is one reason people sometimes confess to crimes even when they are innocent.
"This is one reason *fools* sometimes confess to crimes even when they are innocent."
FTFY.
With the american judicial system of juries giving out a verdict, can't say if they are actually fools.
@@akshatgupta8523 exactly, well said.
In some countries admitting a traffic offence is cheaper and time saving than fighting/ reasoning it. Wonder if it falls here
"Capturing the Friedmans"
I am honestly fascinated by that perfectly written 'g' in the word 'drug'
I'm more fascinated by the invisible 'l' and 'i' in "Equilibrium".
It's a nice g
Hows the last 6 years been?
We spent one class on this ... some 36 years ago. I have always been fascinated by this but never found the time to read further. A few years back that prof even passed away. Now staying home, I will learn this. Thank you Wuhan lol
Bill Deny the Prisoner Guy
HAHAHAHAHA
I'm really impressed. It's a truly interesting theory. I have seen the "A beautiful mind" and i was stunned by this incredible man (Nash). I appreciate video's creator helping me understand Nash Equilibrium.
thank you so much, the global equilibrium vs nash equilibrium helped SOO much. idk why anyone would EVER leave out the global equilibrium concept when explaining this. especially when nash equilibriums take into account unilateral incentive. THANK YOU!
Thank you so much omg. You saved me. Game theory is driving me nuts.
RIP John Forbes Nash
Nice try, FBI, but I'm still not confessing.
That's funny. Game theory for the cromagnon jock.
Plead tge fith upon intro
Lmao 🤣🤣🤣
Man this guy has been helping me from Y1 of my comp sci course right to the very end
Thank you so so much for making such a wonderful explanation of this because my lightbulb in my head went 'DING' instantly after- I HAD SO MUCH TROUBLE UNDERSTANDING THIS WHOLE CONCEPT before- YOU ARE THE BEST!!
The explaining is wonderful and is easy to understand
One of the best videos on youtube. The explanation was very nice and clear. ❤️
Thank you for explaining this.
I loved it.
Im in love with your voice haha, you helped me so much during my bio exames
I'm baffled by the fact that Sal hasn't won the Nobel Prize yet.
You are easily baffled.
he has not, but the person who invented this method, John Nash, won the nobel prize :)
@@mohammadomar6680 thank you for explaining this, man, I was baffled too
@@NibsNiven Lmao. Give him a break dude he must have been cursed with bad professors and sources.
@khanacademy
your videos are excellent - all of them!!
Tx for your efforts. they are greatly appreciated!
I'm Al and I'm denying, hopefully Bill will do the same
well, I'm Bill and I have one bad news for you
@@kimyongun5471 o your kim
Perfect clarification
Thank you very much
This is so relevant even after a decade....thank u
After having failed to get my head around this theory watching on Crash couse and Scihow, Sal came to my mind and it just paid off as always.
Sal is a true gem.
Thank you for doing this. Hopefully I'll pass my midterm now
You explain really well !
Thank you for the useful information
Very good explanation!
Salman khan..u make study so fun. I have seen so many of ur video I can make out ur voice evn wen sleeping. Why don't clg prof teach like you. Or just come n play your video in class that will be enough. Great job carry on u r d real star.
Thank you!
Both deny is the state of " Pareto Optimality".
being a good DA is being a good hustler.
Now education is truly free thanks to Khan Academy
The confession/confession scenario is very very very stable
Fantastic
Funny thing no prisoner considered a possibility that the offer was a lie...
Darn that spelling mistake. "Equibrium."
can you fast forward the time it takes ou o type or type beforehand?
Are there any universal techniques to detect these in games?
I guess they will be quite obvious alot of the times, even moreso when you're good at the game, but it's hard to be good at a game still in developement..
I'm going to say the answer is probably no, and that I just need to get together some minds and do a huge load of testing..
And if they're problematic in the sense that they reduce the amount of viable decisions into a linear period of decision making, fixing them would perhaps be even harder..
excelent video
Finally it clicked 🙏 khan academy never disappoints
nice work lecturer
great video
It looks so easy when you explain it, but when I try to do it on my own, my mind goes blank haha
good topics
❤ thankyou sir
3 years in prison with a reputation as a snitch is greater than 10 years in prison as somebody who got snitched on.
well you ain't a snitch for snitching on a snitch
Khan vict music... You Kahn do it!!! im here for that prisoner dilemma 23 32 10101 aint nothing but a G thing
the fact that sal addresses both the culprits who were caught red handed selling drugs as gentlemen is just hilarious!
Al and Bill are like brothers
finally understood. thanks khan, keep it up.
Hie man ssup!
@@amanpratapsingh1243 he is dead...its been 8 years
This is off topic but I wonder if queuing (standing in line), where the serving time is proportional to (say) numbers of checkout items, could be treated by economic analysis in some way. While "first come first served" is fair (and upholds trust etc) there is the collective waiting time of for the people behind first place. People can switch in pairs, you see. So how could the line move to towards an 'optimal' arrangement under this type of approach?
Cool, game theory
thanks a lot for the wonderful explanation sir. Love from India :)
Thanks, great explanation
*explanation
Meghan D thanks, I'm learning English
mashallah badiya video inshallah lover me this vidheo
what program does he draw on? or use?
I have introduced several thousands students to this theory and through social action prepared them for real life. As you can imagine in short run dishonest win, in long run honest ones. In fact 85% explain moral capital and firms and countries who play fair are winners. So God does control output, money is pure reflection of moral, intellectual, and social economy.
11th you 22nd, so 2nd 1 11th 11aw3 the 26th sq2q12 Q10 w32
Does this break down if for example the equilibrium state is 6 years instead of 3?
Good explanation. Only thing I'd say is that the risk of not confessing in this case is so much greater (8 more years in prison) and reward of not confessing (just 1 year less in prison) make it a no brainer to confess. If the reward for both not confessing was greater (say 5 less years of prison) then it would be more tempting to take the risk and not confess.
But the point of the video is to explain how the game theory works...which he successfully does
"a no brainer to confess"
Nonsense. It is always better not to confess.
thought this is a bit familiar and realized how watching Running Man for all those years helps me understand this more quickly. lol their loyalty test episodes are somehow like this 🤣
What about the added idea that the guy serving 1 year will probably get shanked and die for dropping a dime on his buddy?
Benjamin Shade
They're not buddies though. They've never met each other.
Benjamin Shade maybe they wore a mask while robbing the place
Sal does state outside interest is elimanated....nonlinear terms must be added in a subtle way. 😁
Its a shank or get shanked world out there. Shank the shanker to not get shanked. Dont shank the shanker, get shanked. Before yk it there will be piles of shanked bodies.
omg this reminds me of a beautiful mind ;)
Thats why Going alone is the best.
Is there an echo in here?
i searched long and hard for this comment
your a legend
chup chutiye :D
Your insights are extraordinary; just like a book that was deep in its exploration. "Game Theory and the Pursuit of Algorithmic Fairness" by Jack Frostwell
While win win situation is not for everyone, we shall check further on John Nash and what is he trying to equilibrate.
As they say in the streets, snitches get stitches, and homies don't rat out homies. Prisoner's Dilemma doesn't work when there is loyalty amongst the thieves.
wow.
i ahte this
Pls share what if there are more parties how this concepts works.
Take a look at the Oligopolies, Duopolies, Collusion, and Cartels video.
"A beautiful mind" brought me here
But hey, that's just a theory... A Game Theory. Thanks for watching.
cleanseroftheworld hahaha
That's why we should make a universal rule. "DON'T SNITCH." There is never a reason to snitch. Snitches get stitches or end up in ditches.
They also frequently get screwed by the prosecutor.
BTW there is almost always a reason to "snitch". Crooks get away with crime because of spineless people. I "snitch" on people all the time and always will, because I care about more than myself.
this is why I snitch
Al got red handed selling drugs, hahahaha
i learnt this first in a manga, liar game, wanted to know more about it
Somewhere in the world, before making their decisions... Bill and Al are watching this Khan Academy video.
If they both confess ...it means they have a dominant strategy...
Dear Sir Kahn,
I worship you, I really do, and I never thought I‘d see you giving a flawed explanation but today is the day. :-(
The way you explain it, it‘s mixing up the concept of „dominant strategies“ and „Nash equilibria“, which might be very confusing to students. In this special case of the prisoners dilemma, the state „confess/confess“ is both: an overlapping of the two dominant strategies „confess“ AND a Nash equilibrium (because the overlap of dominant strategies is ALWAYS also a Nash equilibrium), BUT a Nash equilibrium can perfectly exist without dominant strategies being around. They way you explain and derive it in the beginning, it seems that „confess/confess“ is a Nash equilibrium because it’s the overlap of the two dominant strategies „confess“, but the real reason why „confess/confess“ is a Nash equilibrium, the very core concept of the Nash equilibrium, is only what you start to explain at around 7:50.
So to every student who reads this: Don’t confuse these two concepts!
Greetings from a former RWTH Aachen Tutor.
Awesome dilemma but confessing to an armed robbery that doesn't exactly look too good once you're out. Well, neither does doing 10 years for drug charges lol
Hi Em
how does this affect businesses?
People dislike school but likes UA-cam. How fascinating.
So Henry pretty much used this scenario in snitching and confessing in GoodFellas?
Another way to frame it ( per player)
best & worse scenarios when confessing is 1 and 3 years, respectively.
best & worse case scenarios when denying is 2 and 10 years, respectively.
Why do you frequently repeat your words right after saying them?
This is in reference to oligopoly collusion right?
It's about risk. Ratting out the other guy limits your risk from 5x to just 1.5x. It's a very good tradeoff given the potential risk.
ive either thought about this equilibrium too much... or i was accidentally thrown into a parallel universe where everyone and everything part takes in a weird, oddly saddistic thought experiment with no end 😬 i suppose it is possible that the nash equilibrium itself, as a topic, causes symptoms of the disease suffered by dr nash himself.
Nash Equibrium
Both individuals, acting as rational decision-makers, opt for the less risky choice of confessing, given that the risk associated with denial is greater for both of them. In other words, they both select the three-year option due to its lower risk.
What’s an economics application?
And I note that the penalty for risking the unknown and being wrong is severe in the example. That would likely be the case in investment and economics. Stock market investors hedge their stock investments to assure themes of “some” modest profits with greater certainty of success as opposed to taking bigger risks into unknown investments.
There's no need to repeat things as you write them. There's no need... to repeat things.... as you write them...
I understand this in the way of explaining Nash equilibrium, but from a law enforcement perspective how does choosing the "optimal" outcome from the prisoners' perspective (both confess) accomplish justice if the prosecutor was, in fact, wrong about his assumption in the first place about the other crime in question? He would have just gotten 2 men to confess to another crime they weren't guilty of and the real criminals get off scot-free. I guess it's proving that the Nash equilibrium actually pans out further than calculated? It certainly isn't good law enforcement, in fact, in many ways they've actually made things worse - justice was perverted in the case of 4 people (2 got away with it completely, 1 got a reduced sentence for lying, and 1 got an increased sentence for telling the truth!).
I think it would be good to present a caveat to this illustration in advance!
Most Bills I know won't even listen to the FBI guy giving him such crazy options
Nash has just died :'(
He got it wrong... if you confess you don't get one year in prison you get one year to live
To save my head.
Double it and give it to do next person