So I have this question regarding game theory. How can I by using a matrix, find the optimal strategies for each player in the prisoner dilemma, and calculate the odds of them choosing that option?
Confess | Deny | |
Confess | 3 years / 3 years | 10 years / 1 years |
Deny | 1 years / 10 years | 2 years / 2 years |
Thanks for the help!