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Repeated Prisoner’s Dilemma Games

Take prisoner’s dilemma to the next level, where the game is played not just once, but repeatedly. Contrast the equilibrium strategy with what real people typically do. Examples include trench warfare during World War I, when the two sides often fell into a live-and-let-live equilibrium, and the price-fixing scheme among many US colleges that set tuition and financial aid grants for three decades.

English
  • Runtime 30 minutes
  • Production Company The Great Courses
  • Created March 13, 2023 by
    Mandarin7584
  • Modified March 13, 2023 by
    Mandarin7584