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  Partners or rivals? Strategies for the iterated Prisoner’s dilemma

Hilbe, C., Traulsen, A., & Sigmund, K. (2015). Partners or rivals? Strategies for the iterated Prisoner’s dilemma. Games and economic behavior, 92, 41-52. doi:10.1016/j.geb.2015.05.005.

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Hilbe_Traulsen_Sigmund_2015.pdf (Preprint), 759KB
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Hilbe_Traulsen_Sigmund_2015.pdf
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 Creators:
Hilbe, Christian1, Author           
Traulsen, Arne2, Author           
Sigmund, Karl, Author
Affiliations:
1Research Group Evolutionary Theory, Max Planck Institute for Evolutionary Biology, Max Planck Society, ou_1445641              
2Department Evolutionary Theory, Max Planck Institute for Evolutionary Biology, Max Planck Society, ou_1445641              

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Free keywords: Repeated games; Zero-determinant strategies; Cooperation; Reciprocity; Extortion
 Abstract: Within the class of memory-one strategies for the iterated Prisoner’s Dilemma,
we characterize partner strategies, competitive strategies and zero-determinant
strategies. If a player uses a partner strategy, both players can fairly share
the social optimum; but a co-player preferring an unfair solution will be penalized
by obtaining a reduced payoff. A player using a competitive strategy
never obtains less than the co-player. A player using a zero-determinant
strategy unilaterally enforces a linear relation between the two players’ payoffs.
These properties hold for every strategy used by the co-player, whether
memory-one or not.

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Language(s): eng - English
 Dates: 2013-08-162015-05-272015-05-302015-07
 Publication Status: Issued
 Pages: -
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 Table of Contents: -
 Rev. Type: -
 Identifiers: DOI: 10.1016/j.geb.2015.05.005
 Degree: -

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Title: Games and economic behavior
Source Genre: Journal
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Publ. Info: Orlando, Fla. : Academic Press
Pages: - Volume / Issue: 92 Sequence Number: - Start / End Page: 41 - 52 Identifier: ISSN: 0899-8256
ZDB: 1002944-8
CoNE: https://pure.mpg.de/cone/journals/resource/954922649140