In Game Theory
The iterated prisoner's dilemma provides an example where players may "punish" each other for failing to cooperate in previous rounds, even if doing so would cause negative consequences for both players. For example, the simple "tit for tat" strategy has been shown to be effective in round-robin tournaments of iterated prisoner's dilemma.
Read more about this topic: Spite
Famous quotes containing the words game and/or theory:
“The family environment in which your children are growing up is different from that in which you grew up. The decisions our parents made and the strategies they used were developed in a different context from what we face today, even if the “content” of the problem is the same. It is a mistake to think that our own experience as children and adolescents will give us all we need to help our children. The rules of the game have changed.”
—Lawrence Kutner (20th century)
“[Anarchism] is the philosophy of the sovereignty of the individual. It is the theory of social harmony. It is the great, surging, living truth that is reconstructing the world, and that will usher in the Dawn.”
—Emma Goldman (1869–1940)