The Infinitely Repeated Prisoner’s Dilemma

September 5, 2016 admin 0

In the second part of this two-part installment, Dr. Levkoff provides an intuitive approach (slightly more technical than the first part of the installment) to solving the infinitely repeated prisoner’s dilemma using a folk theorem. […]

Prisoners Dilemma

September 5, 2016 admin 0

A game theory model illustrating how actors make decisions based on distrust and isolation from one another that leaves both worse off than if they had trusted one another and cooperated instead.

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