A non-equilibrium analysis of the finitely-repeated prisoner's dilemma
type: Item
instance of: scholarly article
title: A non-equilibrium analysis of the finitely-repeated prisoner's dilemma
zbMATH Open document ID: 0654.90108
DOI: 10.1016/0165-4896(88)90042-X
published in: Mathematical Social Sciences
publication date: 1988-01-01T00:00:00Z
review text: We follow a non-equilibrium approach to the finitely repeated prisoner's dilemma with trigger strategies. Each player has a probability distribution which gives the probability with which he thinks the other player first plans to cheat in any given period. We show that, provided that this probability distribution assigns some minimum weight to all periods, the players will cooperate for most of the game if it is repeated enough times.
Mathematics Subject Classification ID: 91A20
zbMATH DE Number: 4068662
zbMATH Keywords: bounded rationality
zbMATH Keywords: non-equilibrium approach
zbMATH Keywords: finitely repeated prisoner's dilemma
zbMATH Keywords: trigger strategies
author: Jean-Pierre Benoît
MaRDI profile type: Publication
cites work: Rationalizable Strategic Behavior
cites work: Rational cooperation in the finitely repeated prisoners' dilemma
cites work: Rationalizable Strategic Behavior and the Problem of Perfection
cites work: Q3813639
cites work: Common belief and the theory of games with perfect information
full work available at URL: 0165-4896(88)90042-x
OpenAlex ID: W2014550611
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description: scientific article; zbMATH DE number 4068662