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Repeated Games
Repeated Games
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Punishment Strategy
Game Theory
Nash Equilibrium
Repeated Games
A strategy used in repeated games to secure outcomes not achieved by a single play Nash equilibrium.
Read more about Punishment Strategy.
Definitions
Tit for Tat Strategy
Game Theory
Repeated Games
Prisoner's Dilemma
Strategy
Economics
An exploration of the Tit for Tat strategy in repeated games, particularly the Prisoner's Dilemma.
Read more about Tit for Tat Strategy.
Definitions
Trigger Strategy
Game Theory
Repeated Games
Prisoners' Dilemma
Strategy
A strategy used in repeated non-cooperative games where a player cooperates until the opponent defects, triggering subsequent punishment.
Read more about Trigger Strategy.
Economics Terms Lexicon
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