English, Article, Journal or magazine article edition: Equal Pay for all Prisoners/ The Logic of Contrition. M.C. Boerlijst; M.A. Nowak; K. Sigmund

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Bookmark: http://trove.nla.gov.au/version/138522
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Equal Pay for all Prisoners/​ The Logic of Contrition.
Author
  • M.C. Boerlijst
  • M.A. Nowak
  • K. Sigmund
Physical Description
  • preprint
Notes
  • This report deals with two questions concerning the emergence of cooperative strategies in repeated games. The first part is concerned with the Perfect Folk Theorem and presents a vast class of equilibrium solutions based on Markovian strategies. Simple strategies, called equalizers, are introduced and discussed: if players adopt such strategies, the same payoff results for every opponent. The second part analyzes strategies implemented by finite automata. Such strategies are relevant in an evolutionary context; an important instance is called Contrite Tit For Tat. In populations of players adopting such strategies, Contrite Tit For Tat survives very well- at least as long as errors are restricted to mistakes in implementation ('the trembling hand'). However, this cooperative strategy cannot persist if mistakes in perception are included as well.
  • RePEc:wop:iasawp:ir97073
Language
  • English
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