In the game theory, it is assumed that there are several players who are rational. They are interested in their gain in the entire process and the choices they make are geared towards their self-fulfillment. The classical example of the game theory is the prisoner’s dilemma. Two prisoners are held by security officials for a serious crime. There is no judicial evidence. Their conviction is based on both or either of the prisoners confessing to the crime. If one confesses, he gets immunity from prosecution while the other prisoner is jailed for a long time. If they both confess, they will get lesser sentences. However, if they cooperate and both do not confess they will only be imprisoned briefly. Each prisoner is at a dilemma what to do. There is a strong inclination to confess as one will get a lower sentence no matter what the other prisoner does.
