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Forcing Cooperation in a Prisoner’s Dilemma

How to Force Cooperation in a Prisoner’s Dilemma?

Written by Jason Gordon

Updated at March 27th, 2023

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How to Force Cooperation in a Prisoner’s Dilemma?

The way out of a prisoner’s dilemma is to find a way to penalize those who do not cooperate.

Perhaps the easiest approach for colluding oligopolists, as you might imagine, would be to sign a contract with each other that they will hold output low and keep prices high. 

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cooperation prisoner's dillemma

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