Scribd Logo
Upload

Welcome to Scribd!

  • Prisoners Dilemma

    Uploaded by

    Swaraj Kumar Dey
    13 views3 pages
    Game theory is a field that analyzes strategic decision making between parties. The Prisoner's Dilemma is a classic game theory scenario where two prisoners must choose whether to cooperate or defect, with cooperating only being mutually beneficial if both choose it. When the Prisoner's Dilemma is played repeatedly over an infinite number of rounds, both players playing Tit for Tat (cooperating initially and then mimicking the other player's previous choice) forms a Nash equilibrium where neither has incentive to deviate from the strategy.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    Game theory is a field that analyzes strategic decision making between parties. The Prisoner's Dilemma is a classic game theory scenario where two prisoners must choose whether to cooperate or defect, with cooperating only being mutually beneficial if both choose it. When the Prisoner's Dilemma is played repeatedly over an infinite number of rounds, both players playing Tit for Tat (cooperating initially and then mimicking the other player's previous choice) forms a Nash equilibrium where neither has incentive to deviate from the strategy.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    13 views3 pages

    Prisoners Dilemma

    Uploaded by

    Swaraj Kumar Dey
    Game theory is a field that analyzes strategic decision making between parties. The Prisoner's Dilemma is a classic game theory scenario where two prisoners must choose whether to cooperate or defect, with cooperating only being mutually beneficial if both choose it. When the Prisoner's Dilemma is played repeatedly over an infinite number of rounds, both players playing Tit for Tat (cooperating initially and then mimicking the other player's previous choice) forms a Nash equilibrium where neither has incentive to deviate from the strategy.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Game Theory

    Shubhasis Dey
    Prisoner’s Dilemma
    Infinite Repetition
    • Both playing TFT is a Nash Equilibrium

    You might also like