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Essay

Game Theory in Nature

Essay specific features

 

Issue:

Science

 

Written by:

Leonard H

 

Date added:

November 11, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 397

 

Was viewed:

2992 times

 

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Essay content:

Some of the most illuminating ideas are coming from game theory, the field of mathematics that studies strategic behavior in competitive situations. For decades, game theorists' basic paradigm for the puzzle of cooperation has been the scenario called the prisoner's dilemma, in which each player has a powerful incentive to exploit the other...
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The game is set up so that cooperation is best for the group, but each player individually does better by taking advantage of the other. TIT FOR TAT: Things look rosier for cooperation in situations where a participant plays the prisoner's dilemma repeatedly with the same opponent and learns from previous games...
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