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Please use this identifier to cite or link to this item: http://hdl.handle.net/1993/2972

Title: The Traveler’s Dilemma and its Backward Induction Argument
Authors: Daniels, Paul
Supervisor: Stack, Michael (Philosophy)
Examining Committee: Tillman, Chris (Philosophy) Lipnowski, Irwin (Economics)
Graduation Date: February 2008
Keywords: Traveler's Dilemma
Backward Induction
Paradox
Game Theory
Issue Date: 21-Dec-2007
Abstract: This thesis is an examination of the traveler’s dilemma and its backward induction argument. I begin by explaining relevant terminology, the prisoner’s dilemma, and the iterated prisoner’s dilemma; the discussion of which aids my examination of the traveler’s dilemma and its backward induction argument. My evaluation of the traveler’s dilemma involves a dissection of the game into its different components, a presentation of the salient similarities and differences between the traveler’s dilemma and the prisoner’s dilemma, and the exploration of three possible solutions. The first two solutions are adapted from ones initially created to solve other backward induction argument problems. The third solution is original and its foundation rests on the unique structure of the traveler’s dilemma. I focus on this third solution and consider several objections to it. I end this thesis with some ancillary comments about the possibility of generalizing the third solution to other backward induction argument problems.
URI: http://hdl.handle.net/1993/2972
Appears in Collection(s):FGS - Electronic Theses & Dissertations (Public)

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