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Description
The simplest of William Poundstone's social dilemmas during which the every player contains a dominant strategy and also the equilibrium is Pareto optimal. the sole factor qualifying it as a social dilemma is that the arbitrary assignment of labels to the methods. just like the Prisoner's Dilemma, every player hopes for the opposite to cooperate, however neither will. However, not like the Prisoner's Dilemma, the ensuing equilibrium is Pareto optimal.
Example
Player 2
cooperate
defect
Player 1
1,1
0,3
3,0
2,2
General Form
L
R
U
a,w
b,x
D
c,y
d,z
Where the following relations hold: c>d>a>b x>z>w>y
Equilibrium payoffs a) The reward system changes payoffs for Player A, but does not change the equilibrium strategies in the game. Player A still takes the money at the fir
I wanna know the language to make games
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A strategy sometimes applied to repeated prisoner's dilemmas during which a player begins by cooperating however defects to cheating for a predefined amount of your time as a respo
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