Repeated game, Game Theory

 

When players interact by enjoying an identical stage game (such because the prisoner's dilemma) varied times, the sport is termed a 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 5:04:07 AM | Location : United States







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