Grim trigger strategy, Game Theory

 

A trigger strategy sometimes applied to repeated prisoner's dilemmas during which a player begins by cooperating within the initial amount, and continues to cooperate till one defection by her opponent, following that, the player defects forever. Grim trigger may be a severe trigger strategy since one defection brings concerning never-ending finish to cooperation, in distinction to the rather more forgiving tit for tat.

 

Posted Date: 7/21/2012 4:24:44 AM | Location : United States







Related Discussions:- Grim trigger strategy, Assignment Help, Ask Question on Grim trigger strategy, Get Answer, Expert's Help, Grim trigger strategy Discussions

Write discussion on Grim trigger strategy
Your posts are moderated
Related Questions

consider the three player game in question 2 in assignment 1. Assume now that player 3 moves first. Players 1 and 2

Normal 0 false false false EN-US X-NONE X-NONE

Find the pure-strategy Nash equilibrium Alice is on vacation in Wonderland and considers trying a special mushroom sold by the caterpillar. She cannot tell upfront if the mush

For the section on dynamic games of competition, you can begin by asking if anyone in the class has played competi- tive tennis (club or collegiate or better); there is usually one

A sequential game is one among imperfect data if a player doesn't grasp precisely what actions different players took up to that time. Technically, there exists a minimum of one da

A participant in a very game who selects from among her methods randomly, primarily based on some predetermined chance distribution, instead of strategically, primarily based on pa

A static game is one during which all players build choices (or choose a strategy) simultaneously, while not information of the methods that are being chosen by different players.


A strategy is strictly dominant if, no matter what the other players do, the strategy earns a player a strictly higher payoff than the other. Hence, a method is strictly dominant i