Iterated Prisoner's Dilemma

Iterated Prisoner's Dilemma
A normal prisoner’s dilemma played repeatedly by the same participants. An iterated prisoner’s dilemma differs from the original concept of a prisoner’s dilemma because participants can learn about the behavioral tendencies of their counterparty.

Since the game is repeated, one individual can formulate a strategy that does not follow the regular logical convention of an isolated round.

"Tit for tat" is a common iterated prisoner’s dilemma strategy.

Investment dictionary. . 2012.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Prisoner's dilemma — This article is about game theory. For the 1988 novel, see Prisoner s Dilemma (novel). For the Doctor Who audiobook, see The Prisoner s Dilemma. For the 2001 play, see The Prisoner s Dilemma (play). The prisoner’s dilemma is a canonical example… …   Wikipedia

  • Prisoner's Dilemma — A paradox in decision analysis in which two individuals acting in their own best interest pursue a course of action that does not result in the ideal outcome. The typical prisoner’s dilemma is set up in such a way that both parties choose… …   Investment dictionary

  • prisoners' dilemma — The classic problem in game theory . Two prisoners jointly charged with a crime are held apart, and each is given the option of confessing, or not confessing. If neither confesses, the prosecutor will find a lesser charge, and each will serve two …   Philosophy dictionary

  • IPD — • Iterated Prisoner s Dilemma (s. Gefangenendilemma) • Image Plane Detector • Individual Package Delivery • Information Processing Division • Insertion Phase Delay • Instructional Program Development • Integrated Pin Diode • Integrated Powerhead… …   Acronyms

  • Neomercantilism — is a term used to describe a policy regime which encourages exports, discourages imports, controls capital movement and centralizes currency decisions in the hands of a central government. The objective of neo mercantilist policies is to increase …   Wikipedia

  • Evolutionarily stable strategy — Infobox equilibrium name = Evolutionarily stable strategy subsetof = Nash equilibrium supersetof = Stochastically stable equilibrium intersectwith = Subgame perfect equilibrium, Trembling hand perfect equilibrium, Perfect Bayesian equilibrium… …   Wikipedia

  • Regime theory — is a theory within international relations derived from the liberal tradition that argues that international institutions or regimes affect the behavior of states (or other international actors). It assumes that cooperation is possible in the… …   Wikipedia

  • Gefangenendilemma — Das Gefangenendilemma ist ein zentraler Bestandteil der Spieltheorie. Es ist nicht zu verwechseln mit dem Gefangenenparadoxon über bedingte Wahrscheinlichkeiten. Bei dem Dilemma handelt es sich um ein Spiel mit zwei Spielern. Die Spieler haben… …   Deutsch Wikipedia

  • Дилемма заключённого — Будут ли заключенные друг друга предавать, следуя своим эгоистическим интересам, или будут молчать, тем самым минимизируя общий срок? Дилемма заключённого (англ. Prisoner s dilemma, реже употребляется название «дилемма …   Википедия

  • Grim trigger — (also called the grim strategy or just grim) is a trigger strategy in game theory for a repeated game, such as an iterated prisoner s dilemma. Initially, a player using grim trigger will cooperate, but as soon as the opponent defects (thus… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”