You've almost certainly heard of the Prisoner's Dilemma : two members of a crimimal gang are captured and interrogated separately. The police tell them both they are looking at a year in prison but offer a deal if they squeal: less time for incriminating their colleague. There are three scenarios: No-one talks: the default one year each One talks: the talker goes free , the other gets three years Both talk: both get two years The dilemma is whether to remain shtum and trust the other will do the same or to spill the beans with the risk of an extended stay in prison but the potential reward of walking away scot free. Given that they are sure the other would be prepared to rat them out, the rational individual's strategy, according to game theory, is to talk even though there is a better group outcome in not talking. --00-- The Prisoner's Dilemma is merely a well-known example but there are many other games with different setups and constraints. I came acros...