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
Backward induction is an iterative procedure for resolving finite general form or sequential games. First, one decides the finest policy of the player who makes the last move of th

Nineteenth century French economist attributed with the introduction of the theory of profit maximizing producers. In his masterpiece, The Recherches, published in 1838, Cournot pr

PROBABILITY AND EXPECTED UTILITY Most students know the elementary combinatorial rules for probability algebra and need only a refresher with some exam- ples. We have used card

A proxy bidder represents the interests of a bidder not physically gift at the auction. Typically, the bidder can inform his proxy of the most quantity he's willing to pay, and als

A market mechanism during which an object, service, or set of objects is being purchased, instead of sold, to the auctioneer. The auction provides a selected set of rules which wil

Scenario To determine who is needed to try to to the nightly chores, 2 youngsters simultaneously build one among 3 symbols with their fists - a rock, paper, or scissors. straigh

Game 1 Color Coordination (with Delay) This game should be played twice, once without the delay tactic and once with it, to show the difference between out- comes in the s

Rollback (often referred to as backward induction) is an iterative method for solving finite in depth kind or sequential games. First, one determines the optimal strategy of the pl