When is tit-for-tat unbeatable?
We characterize the class of symmetric two-player games in which tit-for-tat cannot be beaten even by very sophisticated opponents in a repeated game. It turns out to be the class of exact potential games. More generally, there is a class of simple imitation rules that includes tit-for-tat but also...
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| Main Authors: | , , |
|---|---|
| Format: | Article (Journal) |
| Language: | English |
| Published: |
2014
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| In: |
International journal of game theory
Year: 2013, Volume: 43, Issue: 1, Pages: 25-36 |
| ISSN: | 1432-1270 |
| DOI: | 10.1007/s00182-013-0370-1 |
| Online Access: | Verlag, lizenzpflichtig, Volltext: https://doi.org/10.1007/s00182-013-0370-1 |
| Author Notes: | Peter Duersch · Jörg Oechssler · Burkhard C. Schipper |
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