Traveler's dilemma

Traveler's Dilemma is a well-known problem in game theory that demonstrates the conflict between cooperation and self-interest in decision-making. It involves two travelers who have lost their identical suitcases and must claim compensation from a airline based on the value they choose to assign to their lost luggage. Here's how it typically works: 1. Each traveler must independently choose a monetary value between a specified minimum and maximum (for example, between $2 and $100) to claim as the value of their suitcase.