Nash equilibrium-
Someone doesn’t change the way that they are doing their work. They keep going with the same thing over and over again.

Game theory-
When there are two people competing for someone and one wants to win more than the other. The other person decides to let the other person win.

Prisoner dilemma-

Not knowing if someone will agree with you. They finally decide to agree with what you negotiated.

I think that it would be interesting to see what would have happened before what we did in class the last couple of days. If I didn’t know what was going on I don’t think I would have done playing this game. I think that it was a little different than what we did in the classroom. Depending on what you picked it would depend on the score that you would receive.

Give an example of Game Theory/prisoner dilemma:

In history: wars, trying to create a strategies

In Government:
vote, voting for the right person
In economics:
trading bonds- making sure you trade for the right price and if you don’t make sure you have a plan
related to sociology:

related to psychology:
thing of a plan
In your everyday life:

which roads to drive to school

I think that it was a good idea to do this activity. This was interesting to see how people think differently. It was interesting to see how people play games and if they get mad if they lost. How they would change the way they negotiated with the other team.

9 I don’t think anything should be changed. It would just be different if we could have played with a different class to change things up a bit.