Tag: prisoners-dilemma

Tag: prisoners-dilemma

1 page tagged prisoners-dilemma.

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• Chapter 23: Game Theory — Economics 101

  How to reason about decisions when the right answer depends on what someone else is about to do. The Prisoner’s Dilemma, dominant strategies, and why tit-for-tat is how oligopolists quietly cooperate.

Related tags

• game-theory
• dominant-strategy
• tit-for-tat
• tacit-collusion
• strategic-thinking
• nash-equilibrium