Akin, Ethan - In: Games 6 (2015) 3, pp. 175-190
the long term average payoff. When used by both players, these assure the cooperative payoff for each of them. Neither … player uses instead an alternative which decreases the opponent's payoff below the cooperative level, then his own payoff is … decreased as well. Thus, if we limit attention to the long term payoff, these strategies effectively stabilize cooperative …