Title: Cooperative moves in a non-cooperative game
Authors: Robert T. Jones, E.C.H. Veendorp
Addresses: Department of Economics, University of Massachusetts, Dartmouth, 285 Old Westport Road, North Dartmouth, MA 02747, USA. ' Department of Economics, Clark University, 950 Main Street, Worcester, MA 01610, USA
Abstract: We try to show that the use of alternating decision making in an infinitely repeated prisoners| dilemma type game may enable sophisticated players to achieve perpetual cooperation starting from any initial position and without any prior communication, and that the ability of players to do so depends on the relative magnitudes of the pay-offs in the stage game.
Keywords: game theory; cooperative games; non-cooperative games; cooperation; alternating decision making; pay-offs.
Global Business and Economics Review, 2005 Vol.7 No.1, pp.25 - 30
Published online: 25 Apr 2005 *
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