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







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