Information and strategy in iterated pri
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Article
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1977
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Springer US
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English
β 256 KB
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