Team Number: 069
School Name: Silver High School
Area of Science: Game Theory
Project Title: Nice Guys Finish First
In this project the principles and uses of the “Prisoners Dilemma” theoretical model will be demonstrated. Prisoners Dilemma is a game used to explain a theoretical model used in Psychology and Sociology, and is also used in Game Theory. Prisoners Dilemma has huge implications in all of the social sciences, and may help people understand much more about themselves. The basic concepts behind Prisoners Dilemma will be explained, as well as how and why it is used, and the mathematics behind the more advanced forms of the game will be demonstrated.
Simulations based on Axelrod and Hamilton’s 1981 experiment (which established many of the basic ideas about Prisoners Dilemma and set the stage for most of the work done since then) will be ran, and used to show how Evolutionary Stable Strategies may form in nature. Expanding Axelrod and Hamilton’s work will be attempted by making more varied and complex situations that attempt to simulate conditions closer to nature.