Question: In game theory, what notable work was developed by the American mathematician Merrill M. Flood that exemplifies why two individuals might find it hard to cooperate against their best interest?
Sentence (from "Merrill M. Flood"): Merrill Meeks Flood (1908 – 1991) was an American mathematician, notable for developing, with Melvin Dresher, the basis of the game theoretical Prisoner's dilemma model of cooperation and conflict while being at RAND in 1950 (Albert W. Tucker gave the game its prison-sentence interpretation, and thus the name by which it is known today).
Relevant evidence: Yes