Prisoner's Dilemma is designed to complement lectures that touch upon the dynamics present in a prisoner's dilemma.
Learners take on the role of Product Manager at a regional ice cream company. Each week, learners strive to maximize profit by either discounting their ice cream or selling it at regular price. Using an outcome table, each learner must consider the pricing decisions made by the sole competitor in the market, and adapt to find the optimal pricing strategy.
Approximate price: $7
Playtime: 10 mins
Learning objectives: In this game learners will: 1. Compete against various prisoner's dilemma strategies like always-cheat or tit-for-tat
Link to simulation home page: https://hub.simcase.io/admin/library/prisoners_dilemma