Artist's description:

"Prisoner's Dilemma (Nash Equilibrium)" - 2016

This painting is about the mathematical work of John Nash.
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Imagine two prisoners held in separate cells, interrogated simultaneously, and offered deals (lighter jail sentences) for betraying their fellow criminal. They can "cooperate" (with the other prisoner) by not snitching, or "defect" by betraying the other. However, there is a catch; if both players defect, then they both serve a longer sentence than if neither said anything.

The maximum reward for each player is obtained only when the players' decisions are different. Each player improves their own situation by switching from "cooperating" to "defecting", given knowledge that the other player's best decision is to "defect".
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Signed and dated on the back. Shipped with a certificate of authenticity.

NOTE: The images in context are not to scale and are for display purposes only.

Materials used:

acrylics, spray paint

'Prisoner's Dilemma - Nash Equilibrium' (2016)

$726.24

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Patrick Nikowitz

Austria

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