IDEAS home Printed from https://ideas.repec.org/a/wsi/igtrxx/v07y2005i04ns0219198905000636.html
   My bibliography  Save this article

Cooperation And Competition: Learning Of Strategies And Evolution Of Preferences In Prisoners' Dilemma And Hawk-Dove Games

Author

Listed:
  • ALEX POSSAJENNIKOV

    (School of Economics, University of Nottingham, University Park, Nottingham NG7 2RD, Britain, UK)

Abstract

By means of simulations I investigate a two-speed dynamic on strategies and preferences in prisoners' dilemmas and in hawk-dove games. Players learn strategies according to their preferences while evolution leads to a change in the preference composition. With complete information about the preferences of the opponent, cooperation in prisoners' dilemmas is achieved temporarily, with "reciprocal" preferences. In hawk-dove games, a symmetric correlated strategy profile is played that does not place any weight on mutual restraint. Among preferences only "hawkish" preferences and "selfish" preferences survive. With incomplete information, the symmetric equilibrium of the game is played. In prisoners' dilemmas only "selfish" and "reciprocal" preferences survive. In hawk-dove games all preferences are present in the medium run.

Suggested Citation

  • Alex Possajennikov, 2005. "Cooperation And Competition: Learning Of Strategies And Evolution Of Preferences In Prisoners' Dilemma And Hawk-Dove Games," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 7(04), pages 443-459.
    • Handle: RePEc:wsi:igtrxx:v:07:y:2005:i:04:n:s0219198905000636
    DOI: 10.1142/S0219198905000636
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0219198905000636
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0219198905000636?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Alex Possajennikov, 2004. "Two-Speed Evolution of Strategies and Preferences In Symmetric Games," Theory and Decision, Springer, vol. 57(3), pages 227-263, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jean Rabanal & Daniel Friedman, 2014. "Incomplete Information, Dynamic Stability and the Evolution of Preferences: Two Examples," Dynamic Games and Applications, Springer, vol. 4(4), pages 448-467, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alex Possajennikov, 2004. "Two-Speed Evolution of Strategies and Preferences In Symmetric Games," Theory and Decision, Springer, vol. 57(3), pages 227-263, November.
    2. Possajennikov, Alexandre, 2002. "Cooperative prisoners and aggressive chickens : evolution of strategies and preferences in 2x2 games," Papers 02-04, Sonderforschungsbreich 504.
    3. Burkhard C. Schipper, 2021. "The evolutionary stability of optimism, pessimism, and complete ignorance," Theory and Decision, Springer, vol. 90(3), pages 417-454, May.

    More about this item

    Keywords

    Two-speed evolution; simulations; best response learning; replicator dynamic; JEL Code: C72;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C0 - Mathematical and Quantitative Methods - - General
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:igtrxx:v:07:y:2005:i:04:n:s0219198905000636. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/igtr/igtr.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.