The optimal degree of cooperation in the repeated Prisoners

The optimal degree of cooperation in the repeated Prisoners ...

When both players are sufficiently patient, such payoffs, while implemented via full cooperation, are supported by repeated payments from the impatient to the ...

On the Optimal Degree of Cooperation in the Repeated Prisoner's ...

We analyze how agents use side payments to induce cooperation in the infinitely repeated Prisoners' Dilemma. We characterize the Pareto frontier of the set ...

The optimal degree of cooperation in the repeated Prisoners

Downloadable (with restrictions)! In the infinitely repeated Prisoners' Dilemma with side payments, we characterize the Pareto frontier of the set of ...

[PDF] The optimal degree of cooperation in the repeated Prisoners ...

Semantic Scholar extracted view of "The optimal degree of cooperation in the repeated Prisoners' Dilemma with side payments" by Yuk-fai Fong et al.

The optimal degree of cooperation in the repeated Prisoners ...

The optimal degree of cooperation in the repeated Prisoners' Dilemma with side payments. Yuk-fai Fong; Jay Surti. Year of publication: 2009.

Cooperation in the Infinitely Repeated Prisoners' Dilemma

However, applying backward induction, we find that the only subgame perfect Nash equilibrium. (SPNE) of the finitely repeated game is for each player to always ...

An optimal strategy to solve the Prisoner's Dilemma - PMC - NCBI

... cooperation in the Prisoner's Dilemma. Interestingly, by implementing our model (which by definition takes into account the two levels of ...

A prisoner's dilemma cheat sheet. Because cooperation is hard. |

Amongst Prisoner's Dilemma fans, Tit For Tat was considered the best ... cooperation → Repeat ⏎. The ultimate cooperation strategy isn't ...

Prisoner's Dilemma: What Game Are you Playing? - Farnam Street

If we repeat the scenario, it may seem as if the prisoners will begin to cooperate. But this doesn't make sense in game theory terms. When they know how many ...

The Evolution of Cooperation in Infinitely Repeated Games

For any repeated game that starts after 50 interactions cooperation is always below 10%. These levels are similar to the levels observed in one-shot prisoners' ...

Robert Axelrod - The Complexity of Cooperation - JASSS

Since the use of a Nash equilibrium in the finitely repeated Prisoners' Dilemma necessarily results in both players always defecting, we then wouldn't need a ...

Strategy Choice In The Infinitely Repeated Prisoners' Dilemma

Finally, our results confirm that long-run misscoordination can arise. Keywords: infinitely repeated games, prisoner's dilemma, cooperation, strategies,.

New Insights on Cooperation in the Repeated Prisoners' Dilemma

In their six experimental treatments, FRD vary the payoff specifications and the level of noise. They parametrize the game payoffs in terms of a “benefit/cost” ...

The Review of Cooperation Mechanism of Repeated Game

Three classic game models were used: repeated prisoner's dilemma, repeated stag hunt, and repeated snowdrift. The concept of Nash equilibrium was first proposed.

Cooperation in the Finitely Repeated Prisoner's Dilemma

... level reflection about the rationality or best-response of the opponent.65. Mao et al. (2017) study long-term behavior in the finitely repeated prisoner's ...

A new approach to the analysis of cooperation under the shadow of ...

The diffi culty of understanding the determinants of cooperation and of accurately predicting cooperation levels in infinitely repeated prisoner's dilemma games ...

Prisoner's Dilemma Revisited. Tit-for-Tat is not the best strategy

... repeated that until there were only 4 strategies remaining. ... All of these strategies retaliate to varying degrees, but always cooperate when ...

Resilient cooperators stabilize long-run cooperation in the finitely ...

... repeated game is highly predictive of initial cooperation levels. ... Rational cooperation in the finitely repeated prisoners' dilemma. J ...

Optimal Tag‐Based Cooperation Control for the “Prisoner's Dilemma”

In repeated Prisoner's Dilemma games, if constraint (3) cannot be satisfied, the social efficiency that all players always choose cooperation is ...

Prisoner's dilemma - Wikipedia

The prisoner's dilemma is a game theory thought experiment involving two rational agents, each of whom can either cooperate for mutual benefit or betray ...