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Iterated Prisoner's Dilemma with Choice and Refusal of Partners

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Author Info
Stanley, E.A.
Ashlock, D.
Tesfatsion, Leigh S.

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Abstract

This article extends the traditional iterated prisoner's dilemma (IPD) with round-robin partner matching by permitting players to choose and refuse partners in each iteration on the basis of continually updated expected payoffs. Comparative computer experiments are reported that indicate the introduction of partner choice and refusal accelerates the emergence of mutual cooperation in the IPD relative to round-robin partner matching. Moreover, in contrast to findings for round-robin partner matching (in which the average payoffs of the players tend to be either clustered around the mutual cooperation payoff or widely scattered), the average payoff scores of the players with choice and refusal of partners tend to cluster into two or more distinct narrow bands. Preliminary analytical and computational sensitivity studies are also reported for several key parameters. Related work can be accessed here: http://www.econ.iastate.edu/tesfatsi/tnghome.htm

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Publisher Info
Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 11180.

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Date of creation: 11 Jan 2004
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Handle: RePEc:isu:genres:11180

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Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
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Web page: http://www.econ.iastate.edu
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Related research
Keywords: Iterated prisoner's dilemma; preferential partner selection; evolutionary game theory;

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Find related papers by JEL classification:
C0 - Mathematical and Quantitative Methods - - General
C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games

Cited by:
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  1. Tomas Klos, 1999. "Governance and Matching," Computing in Economics and Finance 1999 341, Society for Computational Economics. [Downloadable!]
  2. Leigh Tesfatsion, 1998. "Gale-Shapley Matching in an Evolutionary Trade Network Game," Game Theory and Information 9805004, EconWPA, revised 26 Jul 1998. [Downloadable!]
    Other versions:
  3. K. Sigmund, 1998. "Complex Adaptive Systems and the Evolution of Reciprocation," Working Papers ir98100, International Institute for Applied Systems Analysis. [Downloadable!]
  4. Leigh TESFATSION, 1995. "How Economists Can Get Alife," Economic Report 37, Iowa State University Department of Economics. [Downloadable!]
  5. Leigh TESFATSION, 1996. "An Evolutionary Trade Network Game With Preferential Partner Selection," Economic Report 38, Iowa State University Department of Economics. [Downloadable!]
    Other versions:
  6. Maarten C.W. Janssen, 2000. "Imitation of Cooperation in Prisoner's Dilemma Games with Some Local Interaction," Tinbergen Institute Discussion Papers 00-019/1, Tinbergen Institute. [Downloadable!]
  7. Oliver Kirchkamp, 1994. "Spatial Evolution of Automata in the Prisoners' Dilemma," Game Theory and Information 9403003, EconWPA, revised 18 May 1994. [Downloadable!]
    Other versions:
  8. Dan Ashlock & Mark D. Smucker & E. Ann Stanley & Leigh Tesfatsion, 1995. "Preferential Partner Selection in an Evolutionary Study of Prisoner's Dilemma," Game Theory and Information 9501002, EconWPA, revised 20 Jan 1995. [Downloadable!]
    Other versions:
  9. Giorgio Fagiolo & Luigi Marengo & Marco Valente, 2003. "Endogenous Networks in Random Population Games," LEM Papers Series 2003/03, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy. [Downloadable!]
    Other versions:
  10. Esther Hauk, . "Leaving the Prison: A Discussion of the Iterated Prisoner's Dilemma under Preferential Partner Selection," Computing in Economics and Finance 1996 _067, Society for Computational Economics. [Downloadable!]
  11. John H. Miller & Carter Butts & David Rode, 1998. "Communication and Cooperation," Working Papers 98-04-037, Santa Fe Institute.
  12. David MCFADZEAN & Leigh TESFATSION, 1996. "A C++ Platform For The Evolution Of Trade Networks," Economic Report 39, Iowa State University Department of Economics. [Downloadable!]
    Other versions:
  13. Leigh Tesfatsion, 1998. "Teaching Agent-Based Computational Economics to Graduate Students," Computational Economics 9809001, EconWPA, revised 16 Nov 1998. [Downloadable!]
    Other versions:
  14. Esther Hauk, 1999. "Multiple Prisoner's Dilemma Games with (out) an Outside Option: An Experimental Study," Economics Working Papers 391, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
    Other versions:
  15. Kristian Lindgren, 1996. "Evolutionary Dynamics in Game-Theoretic Models," Working Papers 96-06-043, Santa Fe Institute.
  16. Rick L. Riolo, 1997. "The Effects of Tag-Mediated Selection of Partners in Evolving Populations Playing the Iterated PrisonerÕs Dilemma," Working Papers 97-02-016, Santa Fe Institute.
  17. Anders Eriksson & Kristian Lindgren, 2001. "Evolution of Strategies in Repeated Stochastic Games," Working Papers 01-04-023, Santa Fe Institute.
  18. Leigh TESFATSION, 1995. "A Trade Network Game With Endogenous Partner Selection," Economic Report 36, Iowa State University Department of Economics. [Downloadable!]
    Other versions:
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