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Tag: game theory

Life Lessons from the Prisoner’s Dilemma

August 19, 2017August 16, 2017 ~ cafebedouin

"​Axelrod attributed the success of TFT [Tit For Tat] to four properties. It is nice, meaning that it is never the first to defect. The eight nice entries in Axelrod's tournament were the eight highest ranking strategies. It is retaliatory, making it difficult for it to be exploited by the rules that were not nice. … Continue reading Life Lessons from the Prisoner’s Dilemma

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