be case group-3 [compatibility mode].pdf

8/14/2019 BE CASE GROUP-3 [Compatibility Mode].pdf

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THE PRISONORSTHE PRISONORSDILEMMADILEMMA

A CASE ANALYSIS PRESENTATIONA CASE ANALYSIS PRESENTATION

BYBY

BIJAY KUMAR JENABIJAY KUMAR JENA -- 1414MANOJ KUMAR PRADHANMANOJ KUMAR PRADHAN -- 3737

SANJIV KUMAR SAHOOSANJIV KUMAR SAHOO -- 5050

SOVESH S JENASOVESH S JENA -- 5151


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PRISONERs DILEMMAPRISONERs DILEMMA

PROSECUTORJOE SAM


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THE DEALTHE DEAL

1.1. If you confess that the two of you committedIf you confess that the two of you committed

the crime and the other guy denies it, we willthe crime and the other guy denies it, we willlet you go free and send him up for five yearslet you go free and send him up for five years

2.2. If you both deny the crime, we have enoughIf you both deny the crime, we have enoughcircumstantial evidence to put both of youcircumstantial evidence to put both of you

away for two years.away for two years.

3.3. If both of you confess to the crime, then youIf both of you confess to the crime, then youwill both get 4 years sentenceswill both get 4 years sentences


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PD PAYOFF MATRIXPD PAYOFF MATRIX COOPERATE (C)COOPERATE (C)

DEFECT (D)DEFECT (D)--55 Suckers payoff (S)Suckers payoff (S)

00 Temptation (T)Temptation (T)

--44 Punishment for denying (P)Punishment for denying (P)

--22 Reward for mutualReward for mutual

cooperation (R)cooperation (R)

T > R > P > ST > R > P > SR > (T+S)/2R > (T+S)/2

ACTIONACTION PAYOFFPAYOFF

JOEJOE SAMSAM JOEJOE SAMSAM

CC CC --22 --22

CC DD --55 00

DD CC 00 --55

DD DD --44 --44


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PD PAY OF MATRIXPD PAY OF MATRIX

COOPERATECOOPERATE DEFECTDEFECT

COOPERATECOOPERATE WINWIN

--

WINWIN

LOSE MUCHLOSE MUCH

--

WIN MUCHWIN MUCH

DEFECTDEFECT WIN MUCHWIN MUCH

LOSE MUCHLOSE MUCH

LOSELOSE

--

LOSELOSE


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Prisoners DilemmaPrisoners Dilemma

The model of Prisoners dilemma wasThe model of Prisoners dilemma was

presented by Robert Axelrod, Douglaspresented by Robert Axelrod, DouglasHofstadter and others.Hofstadter and others.

The prisoners model postulates a condition inThe prisoners model postulates a condition inwhich a rational action of each individual iswhich a rational action of each individual is

not to conot to co--operate.operate.

The model can be applied to many real worldThe model can be applied to many real worldsituationssituations


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THE SCORPIONTHE SCORPION


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The ScorpionContdThe ScorpionContd

It is Scorpion that pulls humanity downIt is Scorpion that pulls humanity down

If you are not a scorpion, you are not able toIf you are not a scorpion, you are not able to

play every move of every game in cooperationplay every move of every game in cooperation

zone, hopping that sooner or later you willzone, hopping that sooner or later you willmeet a scorpion. Be watchful..!meet a scorpion. Be watchful..!

Scorpions may know the consequences, butScorpions may know the consequences, but

will not care like a suicide bomber/ anwill not care like a suicide bomber/ anassassin.assassin.


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BUSINESS SITUATIONBUSINESS SITUATION

EMPLOYEREMPLOYER EMPLOYEEEMPLOYEE

1.1. Employee moving out after taking the trainingEmployee moving out after taking the trainingprovided by the employerprovided by the employer SS

2.2. Employer removing the employee due to lack ofEmployer removing the employee due to lack of

knowledgeknowledge TT3.3. Employee does not have the skill and the employerEmployee does not have the skill and the employer

is not providing it fearing that the employee willis not providing it fearing that the employee willleave after the trainingleave after the training PP

4.4. Employer provide the required skill by training andEmployer provide the required skill by training andthe employee remains loyalthe employee remains loyal RR


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BUSINESS SITUATIONBUSINESS SITUATION

CUTOMERCUTOMER VENDORVENDOR

1.1. The large client repeatedly pruned its vendorThe large client repeatedly pruned its vendor

list to remove small vendorslist to remove small vendors

2.2. Forced the employee of the small vendors toForced the employee of the small vendors towork for a large vendor as per its wish.work for a large vendor as per its wish.

3.3. The defection is possible due to relative sizeThe defection is possible due to relative size

and power of the party as the client is notand power of the party as the client is notworried about the defection by small vendorsworried about the defection by small vendors


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Much of Ethics, of course consists of rules thatMuch of Ethics, of course consists of rules that

each of us can to choose to follow and soeach of us can to choose to follow and soethics too creates a prisoners dilemma.ethics too creates a prisoners dilemma.

Gandhi succeeded in his various of prisonersGandhi succeeded in his various of prisonersdilemma because the British were not willingdilemma because the British were not willing

to resort to the ultimate defection.to resort to the ultimate defection.


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SASA--SESE--MIMI--RAARAA


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SASA--SESE--MIMI--RAA.RAA.There is no credit in cheating a close friend or a honest partner in any activityThere is no credit in cheating a close friend or a honest partner in any activity

with whom you have a very good relationship. It is similar to the case of killingwith whom you have a very good relationship. It is similar to the case of killing

an individual while he sleeps.an individual while he sleeps.

If you go to the Sangam of Ganga, Jamunna and Saraswati for an excuse, youIf you go to the Sangam of Ganga, Jamunna and Saraswati for an excuse, you

may be excused if you have murdered, but you will not be excused if you havemay be excused if you have murdered, but you will not be excused if you have

killed your friend.killed your friend.

Three people always go to hell. One who has committed blunder with his partnerThree people always go to hell. One who has committed blunder with his partner

or friend, one who cheat a partner or friend from whom he has received helpor friend, one who cheat a partner or friend from whom he has received help

and the person who cheat a partner who has trusted him. This had happenedand the person who cheat a partner who has trusted him. This had happened

in past, now it is happening and it will also happen in the future till thein past, now it is happening and it will also happen in the future till the

existence of the mankind.existence of the mankind.Hello Raaja, if you want your son to be cured, then give gifts to Brahmins andHello Raaja, if you want your son to be cured, then give gifts to Brahmins and

worship God.worship God.


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