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Author Topic:   Test your wits
PaulK
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Posts: 17827
Joined: 01-10-2003
Member Rating: 2.3


Message 32 of 49 (478114)
08-12-2008 8:26 AM
Reply to: Message 30 by Rrhain
08-12-2008 5:32 AM


I have studied Game Theory for my mathematics degree, and Modulous is right. Whatever option your opponent chooses you are better off if you choose to defect. It is only in the iterated case, when the rewards of future cooperation outweigh the short-term gain of defection that cooperation becomes the better option in mathematical (or economic) terms.
Perhaps you are thinking of psychologists or sociologists ? Mathematics assumes no link between your choice and your opponents, while your argument assumes that your opponent will choose the same as you.

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 Message 30 by Rrhain, posted 08-12-2008 5:32 AM Rrhain has replied

Replies to this message:
 Message 34 by Rrhain, posted 08-16-2008 11:02 AM PaulK has replied

  
PaulK
Member
Posts: 17827
Joined: 01-10-2003
Member Rating: 2.3


Message 35 of 49 (478510)
08-16-2008 12:33 PM
Reply to: Message 34 by Rrhain
08-16-2008 11:02 AM


quote:
Assuming an individual game. There is another possible game to play.
Exactly as I stated:
It is only in the iterated case, when the rewards of future cooperation outweigh the short-term gain of defection that cooperation becomes the better option in mathematical (or economic) terms.
Edited by PaulK, : No reason given.

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 Message 34 by Rrhain, posted 08-16-2008 11:02 AM Rrhain has replied

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 Message 36 by Rrhain, posted 08-17-2008 9:51 PM PaulK has replied

  
PaulK
Member
Posts: 17827
Joined: 01-10-2003
Member Rating: 2.3


Message 38 of 49 (478612)
08-18-2008 2:02 PM
Reply to: Message 36 by Rrhain
08-17-2008 9:51 PM


quote:
Indeed, but I am pointing out that there is even a third, non-iterative game to play. I don't think I was thinking of the same game.
Likely you were thinking of what amounts to a different game (in mathematical terms) from the Prisoner's Dilemma. But what's the point of bringing it up ?
The iterative version is interesting because it keeps the same payoff matrix. A game using a different matrix would just be a different game. It may or may not be interesting in its own right but any relationship to the Prisoner's Dilemma is likely to be in terms other than the strictly mathematical.

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 Message 36 by Rrhain, posted 08-17-2008 9:51 PM Rrhain has replied

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 Message 40 by Rrhain, posted 08-19-2008 3:07 AM PaulK has replied

  
PaulK
Member
Posts: 17827
Joined: 01-10-2003
Member Rating: 2.3


Message 42 of 49 (478656)
08-19-2008 7:51 AM
Reply to: Message 40 by Rrhain
08-19-2008 3:07 AM


quote:
No, I was thinking of the Prisoner's Dilemma as it has always been presented to me: As an exercise in showing how individual strategies do not lead to grand strategies.
No, that doesn't seem to be the issue.
quote:
Indeed. Where did I say I changed the payoff matrix?
Quite explicitly in Message 39
There are other games that can be played with this scenario. The specific game you are playing will determine the best strategy. The way this scenario has always been presented to me, the game was to reduce time across the board.
Reducing time "across the board" would produce a quite different payoff matrix since the time served by your opponent would be a loss to you, as well as him.

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 Message 40 by Rrhain, posted 08-19-2008 3:07 AM Rrhain has not replied

  
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