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The dominant strategy here is for each player to defect (i.e., confess) since confessing would minimize the average length of time spent in prison.
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A prisoners' dilemma is a game that has a dominant strategy equilibrium, but also has an alternative outcome that gives a higher pay-off to all players. So the ...
Aug 7, 2023 · Alpha is supposed to be the dominant strategy, which means that "no matter what my pair chooses, I will be better off playing Alpha than playing ...
The prisoner's dilemma presents a situation where two parties, separated and unable to communicate, must each choose between cooperating with the other or not.
Apr 17, 2020 · Question: . In the prisoner's dilemma, the dominant strategy is: in the best interest of the players in the game. in the least interest of ...
As the best strategy is dependent on what the other firm chooses there is no dominant strategy, which makes it slightly different from a prisoner's dilemma.
Apr 28, 2020 · In the prisoner's dilemma, for example, C1 is strictly dominated by D1: If player 2 chooses C2, C1 yields payoff 1 while D1 2; if player 2 ...
Sep 26, 2018 · The optimal strategy is to always cooperate as long as the other person is always cooperating. As soon as you defect, tit for tat will return a ...
Duration: 9:21
Posted: Sep 5, 2014
Posted: Sep 5, 2014
A dominant strategy is one that leads to a better outcome when taking as given any particular strategy that the other player may choose. ... Nash equilibrium is ...