Question

9.   (3pts) Name an optimal strategy (or an Evolutionary Stable Strategy) for the Prisoner’s Dilemma Game:...

9.   (3pts) Name an optimal strategy (or an Evolutionary Stable Strategy) for the Prisoner’s Dilemma Game:

Describe one of the conditions that this strategy requires:

Describe one of the rules of this strategy:

Homework Answers

Answer #1

ANSWER -

1) prisonre dillema game is a strategical concept in which the two indvidual do not cooperate with eeach other even when the cooperation is in favor of their best strategic benefits. the prisoner remain in complete isolation with each other.

2) one of the condition which can pay off in this is the tit for tat with forgiveness, it is a condition which is moved into play with accordance to the previous step taken by the other individual out of the two.

3) it is a strategy of betrayal, doesnt matter what the other player decide, but the one who betrays more will have higher reward.

these are few of the basics of the prisoner dilema theory.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
In the prisoner’s dilemma game, the tit-for-tat strategy is a Nash equilibrium when the game is...
In the prisoner’s dilemma game, the tit-for-tat strategy is a Nash equilibrium when the game is played a single time. true/false?
We know that the one-shot prisoner’s dilemma game results in a dominant Nash equilibrium strategy that...
We know that the one-shot prisoner’s dilemma game results in a dominant Nash equilibrium strategy that is Pareto inefficient. Suppose we allow the two prisoners to retaliate after their respective prison terms. Formally, what aspect of the game would this affect? Could a Pareto efficient outcome result?
Fill in a payoff matrix for a prisoner’s dilemma game where one player has a dominant...
Fill in a payoff matrix for a prisoner’s dilemma game where one player has a dominant strategy and the other doesn’t. Firm 2 in Duopoly Firm 1 in Duopoly a. Explain the dominant and non-dominant strategy of the firms. b. Is there a Nash equilibrium in your game? Explain.
[Game Theory] Define a zero-sum game in which one player’s unique optimal strategy is pure and...
[Game Theory] Define a zero-sum game in which one player’s unique optimal strategy is pure and all of the other player’s optimal strategies are mixed.
Identify which payoff matrix below is a Prisoner’s Dilemma and which one is an Assurance Game....
Identify which payoff matrix below is a Prisoner’s Dilemma and which one is an Assurance Game. a X Y X 4,2 1,5 Y 3,3 5,1 b X Y X 10,10 3,8 Y 8,3 8,8 c X Y X 0,0 15,3 Y 3,15 5,5 d X Y X 2,2 4,4 Y 4,4 0,0 e X Y X 2,2 10,6 Y 6,10 4,4 f X Y X 6,6 10,2 Y 2,10 8,8 g X Y X 8,8 10,3 Y 3,10 4,4
For the 2 × 2 game, find the optimal strategy for each player. Be sure to...
For the 2 × 2 game, find the optimal strategy for each player. Be sure to check for saddle points before using the formulas. 9 −5 7 9 For row player R: r1 = 9 r2 = 9 For column player C: c1 = c2 = Find the value v of the game for row player R. v = Who is the game favorable to? The game is favorable to the row player. The game is favorable to the column...
For the 2 × 2 game, find the optimal strategy for each player. Be sure to...
For the 2 × 2 game, find the optimal strategy for each player. Be sure to check for saddle points before using the formulas. 9 1 −4 4 For row player R: r1 = r2 = For column player C: c1 = c2 = Find the value of the game for row player R. v = Who is the game favorable to? The game is favorable to the row player. The game is favorable to the column player. This is...
on and Vlad are two players in an indefinitely repeated Prisoners Dilemma Game. Let the probability...
on and Vlad are two players in an indefinitely repeated Prisoners Dilemma Game. Let the probability that the game continues one more round be “q”. Assume both players are risk neutral and have a common per-period discount rate of “d”. 1. From this information alone, what must be true about the range of possible values for d and q? 2. Is mutual defection a Nash Equilibrium (NE)? If so, under what conditions is mutual defection a NE? (HINT: Consider Don’s...
One – period game If there are two companies who control the market and compete on...
One – period game If there are two companies who control the market and compete on price what would the payoff matrix look like for the prisoner’s dilemma? DRAW THE MATRIX (Company A on top, B on the side, when both go high the profit $36 for A and $36 for B when both go low the profit is $18 for A and $18 for B, When A goes high and B goes low the profit is $48 for B...
Penalty Worksheet – Due 10-19         Expected Value of a Game        Name_______________________ Instructions:You must show your work and all...
Penalty Worksheet – Due 10-19         Expected Value of a Game        Name_______________________ Instructions:You must show your work and all work must be organized and easy to follow. You will have to make an appointment with me to discuss your work. You will not receive credit if you cannot adequately explain your work to me in person. I pick a digit (an integer from 0 to 9, inclusive). Then, for a dollar, you get to pick three digits randomly, with replacement, by spinning a...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT
Active Questions
  • 1. The nucleus is a membrane-bound organelle that contains the cells genetic information. What other intracellular...
    asked 9 minutes ago
  • Do genetics play a significant role in human attraction? Defend a position (yes or no). Use...
    asked 31 minutes ago
  • 9.14 The quality-control manager at a compact flu-orescent light bulb (CFL) factory needs to determine whether...
    asked 36 minutes ago
  • Describe a business you are familiar with. Discuss ONE way this firm adjusts its short-term capacity...
    asked 50 minutes ago
  • Write a persuasive speech on whether online or face to face learning/education is better for students
    asked 59 minutes ago
  • (a) As an analyst briefly explain what you will consider in applying nested designs (b) State...
    asked 1 hour ago
  • Metals are good thermal conductors — that is, when there is a temperature difference across their...
    asked 1 hour ago
  • Theoretical Perspectives that attempts to explain and answer fundamental questions why societies form and why they...
    asked 1 hour ago
  • I am working with data analysis and with a survey. I am cleaning up the following...
    asked 1 hour ago
  • For this problem, carry at least four digits after the decimal in your calculations. Answers may...
    asked 1 hour ago
  • The International Air Transport Association surveys business travelers to develop quality ratings for transatlantic gateway airports....
    asked 1 hour ago
  • Unfortunately, arsenic occurs naturally in some ground water†. A mean arsenic level of μ = 8.0...
    asked 2 hours ago