Paired prisoners'' dilemma, Game Theory

Paired Prisoners' Dilemma

Students can be paired off and instructed to play several ver-sions of a particular game with a prisoners' dilemma structure.Provide each pair with a sheet describing the payoff tablefor the game and with space available to indicate the choicesmade by each player in each round and in each version ofthe game.

First, tell students that the game will end after a knownnumber of rounds, say 10. Have them play through 10 rounds,keeping track of their choices. Then have them play another10-round game, and a third if there is time. As with the dimegames, you should see convergence to the rollback equilibrium of always cheating within a few plays of the finite game;students who try to cooperate originally will lose out to cheat-ing rivals at the end of the game and will cheat earlier andearlier in each successive play of the game.

Second, try a version in which the students play a roundat a time without knowing when the game will end; you callout an end to the game after some number of minutes. Thisversion is similar to the Serendip version available on theweb (see URL above) except that the rival's strategy is not as predictable. In addition, there is uncertainty about howlong the game will last since it could be very short (unlikethe web version) or relatively long. You can do this severaltimes and ask the students to describe how their behaviorchanges in future plays of the game.

Each of these games gives the students the opportunity toexperience the actual play of a prisoners' dilemma. The dis-cussion that follows can be used to consider discrepanciesbetween predicted and actual behavior, changes in behaviorin later plays of the same game, how players update infor-mation about a rival's play, and other issues related to players'willingness to cooperate (including cultural norms, friendships,rivalries, etc.) 

Posted Date: 9/27/2012 5:24:33 AM | Location : United States

Related Discussions:- Paired prisoners'' dilemma, Assignment Help, Ask Question on Paired prisoners'' dilemma, Get Answer, Expert's Help, Paired prisoners'' dilemma Discussions

Write discussion on Paired prisoners'' dilemma
Your posts are moderated
Related Questions
what will be the best strategy for a bidder in an auction comprised of four bidders?

Tower defense - is a subgenre of real-time strategy games. The goal of tower defense games is to try to stop enemies from crossing a map by building towers which shoot at them as t

Eighteenth century Dutch mathematician codified the notion of expected utility as a revolutionary approach to risk. He noted that folks don't maximize expected returns however expe

How much time you want to spend on this material willdepend on the focus of your course. For many social sciencecourses, a general exposure to the ideas, based on a quick runthroug

please compute this number 885 for the swertres lotto game.

Evolutionary game theory provides a dynamic framework for analyzing repeated interaction. Originally modeled when "natural models" of fitness, a population might contains folks gen

The notion that those that don't contribute to some project might nevertheless get pleasure from it (free riders), evidenced in games like the tragedy of the commons and public pro

if the first three words are "the boy''s down" what are the last three words?

Problem: Consider a (simplified) game played between a pitcher (who chooses between throwing a fastball or a curve) and a batter (who chooses which pitch to expect). The batter ha

Named when Vilfredo Pareto, Pareto potency (or Pareto optimality) may be alive of potency. An outcome of a game is Pareto economical if there's no different outcome that produces e