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
1  A, Explain how a person can be free to choose but his or her choices are casually determined by past event 2  B , Draw the casual tree for newcomb's problem when Eve can't pe

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

A practice analogous to price fixing in which auction members form a ring whose associates agree not to bid against each other, either by discarding the auction or by placing phony

Rollback shows that Boeing chooses peace over war if Airbus enters, so Airbus will enter. Rollback equilibrium entails Airbus playing “Enter” and Boeing playing “Peace if entry”; e

This condition is based on a counting rule of the variables included and excluded from the particular equation. It is a necessary but no sufficient condition for the identi

Assuming that there are only 2 airline companies in the world, Delta and US Airways, what is the ((Nash) Equilibrium) or price that each company in the following matrix will charge

Consider a game in which player 1 chooses rows, player 2 chooses columns and player 3 chooses matrices. Only Player 3''s payoffs are given below. Show that D is not a best response

In any game, utility represents the motivations of players. A utility perform for a given player assigns variety for each potential outcome of the sport with the property that a be

A strategy defines a collection of moves or actions a player can follow in a very given game. a method should be complete, defining an action in each contingency, together with peo

Scenario The hawk-dove game is additionally commonly called the sport of chicken. 2 hooligans with one thing to prove drive at one another on a slender road. The primary to swer