Tag Archives: tit for tat

Five ways to escape a prisoners dilemma

If you find yourself in a prisoners dilemma there are some ways you can try to get out of it. 1 – Communication In the normal definition of the problem the two prisoners are not able to communicate with each … Continue reading

Posted in Game theory | Tagged , , | 1 Comment

Introduction to Game Theory: Prisoners’ Dilemma (Part 5)

The previous part in this series looked at what happens when a prisoners’ dilemma game is played multiple times. It turns out that the best strategy is ‘tit for tat’, where you start off co-operating and then copy the other … Continue reading

Posted in Game theory, Introduction | Tagged , , , , | Comments Off on Introduction to Game Theory: Prisoners’ Dilemma (Part 5)