In defense of defect

Research output: Contribution to journalArticlepeer-review

13 Scopus citations

Abstract

The one-state machine that always defects is the only evolutionarily stable strategy in the machine game that is derived from the prisoners' dilemma, when preferences are lexicographic in complexity. This machine is the only stochastically stable strategy of the machine game when players are restricted to choosing machines with a uniformly bounded complexity. Journal of Economic Literature Classification Numbers: C70, C72.

Original languageEnglish
Pages (from-to)309-321
Number of pages13
JournalGames and Economic Behavior
Volume39
Issue number2
DOIs
StatePublished - 1 Jan 2002
Externally publishedYes

Keywords

  • Automata
  • Complexity
  • Prisoner's dilemma

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

Fingerprint

Dive into the research topics of 'In defense of defect'. Together they form a unique fingerprint.

Cite this