Resolving the iterated prisoner’s dilemma: theory and reality
✍ Scribed by N. J. RAIHANI; R. BSHARY
- Book ID
- 110912199
- Publisher
- John Wiley and Sons
- Year
- 2011
- Tongue
- English
- Weight
- 270 KB
- Volume
- 24
- Category
- Article
- ISSN
- 1010-061X
No coin nor oath required. For personal study only.
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DISCUSSION ## INFORMATION AND STRATEGY IN ITERATED PRISONER'S DILEMMA\* The prisoner's dilemma (PD)-a two-person, non-zero-sum game-highlights a situation where individual rationality leads to a collectively sub-optimal equilibrium. This has disturbing implications for the social sciences; and th
In biology altruistic behaviour of selfish individuals often can be modelled by the iterated Prisoner's Dilemma game (PD). If the opponents are caught repeatedly in this dilemma reciprocity may lead to cooperative strategies adopted by the individuals. In this article we present results from numeric