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Tagged with nash-equilibrium repeated-games
6 questions
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Slight Uncertainty of Continuation in Repeated Prisoner's Dilemma
In a repeated prisoner's dilemma with some probability δ of continuing after each round, a Subgame Perfect Nash Equilibrium may be found which induces cooperation instead of defection in each round. ...
4
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1
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Finitely repeated Prisoner’s Dilemma with switching cost
I'm doing this finitely repeated Prisoner's dilemma with switching costs but I have trouble showing the fact that $\varepsilon$ had to be $1 < \varepsilon < 2$. I do see why and that it is a ...
2
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1
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605
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Repeated Game SPNE
I approached this question in this way:
$(P_1,P_2), (R_1,R_2), (S_1,S_2)$ are the Nash Equilibria of the Stage 1 game. For the given strategy to be sustained as SPNE, there should be no way unilateral ...
4
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539
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Why is the symmetric grim trigger not a Nash?
Consider the stage game:
Let $\delta\in(0,1)$ be the discount factor. Let $G$ be the symmetric grim trigger strategy profile. The payoffs are then
$$E_{A}(G) = E_{B}(G) = \sum_{i=0}^{\infty}3\delta^{...
2
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1
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712
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Tit-For-Stat Strategy Best Replies
Let $\delta\in(0,1)$ be the discount factor. Consider the stage game in the infinitely repeated prisoner's dilemma game:
The goal is to derive conditions on $\delta$ such that the symmetric tit-for-...
0
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2
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3k
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Nash Equilibrium of modified Keynes' beauty contest
Recently I conducted a small game among students of our institute. The game was based on Keynes' beauty contest game. The participants had to guess a number between 0 to 100 and the participant whose ...