Wednesday, October 4, 2017

Play the repeated prisoners' dilemma

By playing against one of five types you learn how to sustain cooperation:

  1. Be nice--no first strikes
  2. Be provokable--retailiate immediately if your rival cheats
  3. Be forgiving
  4. Be clear--make sure your rival can interpret your moves
  5. Dont be envious--focus only on your slice of the profit pie
HT: Jordan

1 comment:

  1. A few months ago I saw a link to a online "game" explaining the above. Quite interesting.