Plans as conditional strategies: A concept enabling cooperation in the Prisoners' Dilemma?

In traditional game theory, strategies are equivalent with actions and mixed strategies are the only extension. As a new extension, strategies are interpreted as plans. Although most plans are not very interesting (like doing a certain action), some conditional plans are. For example, they enable cooperation in the Prisoners' Dilemma.

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Year of publication:	2014
Authors:	Dilger, Alexander
Institutions:	Wirtschaftswissenschaftliche Fakultät, Westfälische Wilhelms-Universität Münster

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Extent:	application/pdf
Series:	Discussion Papers of the Institute for Organisational Economics. - ISSN 2191-2475.
Type of publication:	Book / Working Paper
Notes:	Number 5/2014
Classification:	C72 - Noncooperative Games ; C70 - Game Theory and Bargaining Theory. General ; D83 - Search, Learning, Information and Knowledge
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010986561