In a book subtitled "the Puzzle of the Bomb," William Poundstone applied this construct to nuclear warfare.
In a book subtitled "the Puzzle of the Bomb," William Poundstone applied this construct to nuclear warfare. The iterated form of this construct was the subject of a tournament held by Robert Axelrod, which held that "tit for tat" was the best strategy for approaching it. The only Nash Equilibrium in the iterated form of this game is to defect every time. In the most common formulation of this game, players receive six months if both stay loyal but ten years if their partner enters a plea bargain. For 10 points, name this common situation in game theory.
In a book subtitled "the Puzzle of the Bomb," William Poundstone applied this construct to nuclear warfare.
{prisoner's dilemma}