1. Split or Steal? : An Interesting Take on the Prisoner's Dilemma
30 sep 2014 · The dominant strategy in this game is to always pick steal, since this maximizes profit if the other picks split and doesn't matter if they steal.
The British game show Golden Balls is similar to any other game show in that contestants compete against one another to maximize their own payoffs. The show consists of three rounds in which contestants pick golden balls with various amounts of money on them (anywhere from £10 to £75,000). In the final round only two contestants and five balls remain. This final round determines how the remaining money (the sum of the five balls) should be distributed between the two remaining contestants. This final round is actually just a modified version of the prisoner’s dilemma with the following payoff matrix:
2. [PDF] SPLIT OR STEAL? A N ATURAL EXPERIMENT OF THE ...
The final part of the Goldenballs game show provides a natural experiment of a high stakes prisoner's dilemma. In the episodes here the contestants play for ...
3. Prisoner's Dilemma, Russell Crow and Some Stupid Golden Balls - Medium
18 jun 2017 · Two players have to decide to pick either a ball with split of steal. If they both pick split they split the money. If they both pick steal they ...
Watch this video first.. then proceed…
4. Golden Balls: How one man broke a UK game show using game theory
14 jun 2022 · The police offer you both the same deal: If you confess, you go free, but your buddy goes to jail for a very long time (say, 20 years). If you ...
Game theory is a unique combination of math and psychology. Its applications turn up everywhere, from nuclear war to Tinder to game shows.
5. Exploiting The Prisoner's Dilemma in the Game Show 'Golden Balls.'
3 okt 2022 · If both players share, the money is split 50/50 between the two players. If one shares and one steals, then the player who steals gets all the ...
The British game show ‘Golden Balls’ contains a classic prisoner’s dilemma where two players can either choose to share a sum of money or steal. If both players share, the money is split 50/50 between the two players. If one shares and one steals, then the player who steals gets all the money. And if both players steal, then they both get nothing. The payoff matrix is relatively simple to imagine, with 0.5, 0.5 at both sharing and 0, 0 at both stealing and 1, 0 or 0, 1 at one player stealing. With this payoff matrix it seems like a typical prisoner’s dilemma where you can’t be certain of what your opponent is going to do.
See AlsoEyelashes - Makeup | Ulta Beauty
6. Amazing Round of "Split or Steal" - Schneier on Security
24 apr 2012 · In the final round of the game, called “Split or Steal,” two contestants play a one-shot Prisoner's Dilemma—technically, it's a variant— ...
In Liars and Outliers, I use the metaphor of the Prisoner’s Dilemma to exemplify the conflict between group interest and self-interest. There are a gazillion academic papers on the Prisoner’s Dilemma from a good dozen different academic disciplines, but the weirdest dataset on real people playing the game is from a British game show called Golden Balls. In the final round of the game, called “Split or Steal,” two contestants play a one-shot Prisoner’s Dilemma—technically, it’s a variant—choosing to either cooperate (and split a jackpot) or defect (and try to steal it). If one steals and the other splits, the stealer gets the whole jackpot. And, of course, if both contestants steal then both end up with nothing. There are ...
7. Split or Steal? Cooperative Behavior When the Stakes Are Large
We examine cooperative behavior when large sums of money are at stake, using data from the television game show Golden Balls.
We examine cooperative behavior when large sums of money are at stake, using data from the television game show Golden Balls. At the end of each episode, contestants play a variant on the classic prisoner's dilemma for large and widely ranging stakes averaging over $20,000. Cooperation is surprisingly high for amounts that would normally be considered consequential but look tiny in their current context, what we call a ¿big peanuts¿ phenomenon. Utilizing the prior interaction among contestants, we find evidence that people have reciprocal preferences. Surprisingly, there is little support for conditional cooperation in our sample. That is, players do not seem to be more likely to cooperate if their opponent might be expected to cooperate. Further, we replicate earlier findings that males are less cooperative than females, but this gender effect reverses for older contestants because men become increasingly cooperative as their age increases.
8. [PDF] Golden balls: A prisoner's dilemma experiment - EconStor
Such a prisoner's dilemma has three pure-strategy Nash equilibria, namely (steal, split), (steal, steal), and (split, steal).11 Thus, each player has an ...
9. Prisoner's Dilemma Game Show - Indisputably
18 sep 2014 · That decision revolves around the four golden balls that sit on the table. Each part can anonymously choose their split ball or their steal ball ...
September 18, 2014 Andrea Schneider 4 Comments