Nash equilibrium- Conflict can’t be avoided… There will always be someone who will be on the lower end of a conflict.

Game theory- A game where taking in the consideration not only involves costs, but interaction overall. This can directly relate to the Nash Equilibrium in the fact that they are directly involved within each other.

Prisoner dilemma- This is an example of the top two terms. You have two prisoners and by both of them trying to better themselves; end up worsening their issues because of their pure selfishness and desire to better themselves instead.

In history: Anytime that any countries have had bad blood or any conflict. Both will try what they can to get on top but will both be affected in a negative way.

In Government: When two opposing political groups argue and try to prove a point over something like a bill.

In economics: Two countries trying to own and top each other’s profit and income by getting the best price per object (oil, natural gas, uranium, etc.…)

Related to sociology: Whenever we are faced with a game theory or situation in which others value is argued.

Related to psychology: This can happen when you are forced to make a decision and you have to weigh the options.

In your everyday life:  This can happen anytime and anywhere. Every situation has a prisoners dilemma to it.