Iterated game, Game Theory

 

When players interact by enjoying an identical stage game (such because the prisoner's dilemma) varied times, the sport is termed an iterated (or repeated) game. not like a game played once, a repeated game permits for a method to be contingent on past moves, therefore permitting name effects and retribution. In infinitely repeated games, trigger methods like tit for tat will encourage cooperation

 

Posted Date: 7/21/2012 4:27:55 AM | Location : United States







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