prisoner's dilemma

  • 71Complete information — is a term used in economics and game theory to describe an economic situation or game in which knowledge about other market participants or players is available to all participants. Every player knows the payoffs and strategies available to other …

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  • 72Symmetric game — In game theory, a symmetric game is a game where the payoffs for playing a particular strategy depend only on the other strategies employed, not on who is playing them. If one can change the identities of the players without changing the payoff… …

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  • 73Dollar auction — The dollar auction is a non zero sum sequential game designed by economist Martin Shubik to illustrate a paradox brought about by traditional rational choice theory in which players with perfect information in the game are compelled to make an… …

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  • 74Epsilon-equilibrium — A solution concept in game theory Relationships Superset of Nash Equilibrium Significance Used for …

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  • 75Strategic dominance — For the business strategy, see Dominance (economics). In game theory, strategic dominance (commonly called simply dominance) occurs when one strategy is better than another strategy for one player, no matter how that player s opponents may play.… …

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  • 76John von Neumann — Von Neumann redirects here. For other uses, see Von Neumann (disambiguation). The native form of this personal name is Neumann János. This article uses the Western name order. John von Neumann …

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  • 77The Evolution of Cooperation — the title of a 1981 article and a related 1984 book by political science professor Robert Axelrod. The nine page article, co written with the late evolutionary biologist William D. Hamilton, has garnered 1354 citations in peer reviewed journals… …

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  • 78Tragedy of the commons — Cows on Selsley Common. The tragedy of the commons is one way of accounting for overexploitation. The tragedy of the commons is a dilemma arising from the situation in which multiple individuals, acting independently and rationally consulting… …

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  • 79Dilemme du prisonnier — Le dilemme du prisonnier est un exemple célèbre de la théorie des jeux caractérisant les situations où deux joueurs auraient intérêt à coopérer, mais où les incitations à trahir l autre sont si fortes que la coopération n est jamais sélectionnée… …

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  • 80Memory and social interactions — Memory underpins and enables social interactions in a variety of ways. In order to engage in successful social interaction, organisms must be able to remember how they should interact with one another, who they have interacted with previously,… …

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