Prisoners Dilemma and the Golden Balls game show
Tim Finin, 9:32pm 25 October 2009Golden Balls is a UK game show with a final round, Split or Steal, that is similar to the prisoner’s dilemma. The two contestants have to simultaneously choose to split the prize or try to steal it. If both choose split, they each get half. If one chooses split and the other steal, than the stealer gets it all. If they both choose steal, neither gets anything. While the payoff matrix is not exactly that for the PD, it has a similar effect on the strategy. Check out this video of a Split or Steal round for £100,000. (Spotted on Hacker News)
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April 5th, 2010 at 1:21 pm
A short paper using this TV show as a natural experiment of the Prisoner’s Dilemma can be accessed at:
Economic Incentives – The Goldenballs Dilemma
The conclusion: Gender, age, occupation and hair colour! matter.