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This work delves into the Iterated Prisoner's Dilemma (IPD) and its relevance to social cooperation and competition. It examines key concepts such as mutual aid, adaptive dynamics, and various strategies like Tit-for-Tat and Win-Stay Lose-Shift. The relationship between individual interests and societal benefits, as discussed by thinkers like Adam Smith and Joseph Stiglitz, is highlighted. The study also considers the influence of errors and memory on strategy effectiveness, exploring both mathematical frameworks and evolutionary dynamics in the context of cooperation.
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Darwin: The small strength and speed of man, his want of natural weapons, etc., are more than counterbalanced ... by his social qualities, which led him to give and receive aid from his fellow men.
Adam Smith (1723-1790) • …by pursuing his own interest, man frequently promotes that of the society more effectually than when he really intends to promote it…
Adam Smith: Man intends only his own gain, and he is in this, as in many other cases, led by an invisible hand to promote an end which was no part of his intention. Joseph Stiglitz: The reason that the invisible hand often seems invisible is that it is often not there.
The Good, the Bad and the Discriminator • ALLC • ALLD • TFT • frequencies x,y,z (x+y+z=1)
The fearsome four • Heteroclinic network • A = Tit or Tat • B = Firm But Fair • C = Bully • D = ALLD
Win-Stay, Lose-Shift WSLS • Simple learning rule • stable, error-correcting • but needs retaliator to prepare the ground
A new breath: Press and Dyson PNAS 2012 AMS homepage (‚Maths in the Media‘) ‚The world of game theory is currently on fire...‘ ‚this is a monumental surprise...‘ ‚the emerging revolution of game theory...‘