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Cooperative Prisoners and Aggressive Chickens: Evolution of Strategies and Preferences in 2x2 Games

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  • Possajennikov, Alex

    ()
    (Sonderforschungsbereich 504)

Abstract

By means of simulations I investigate a two-speed dynamic on strategies and preferences in the prisoners' dilemma and in the chicken game. Players learn strategies according to their preferences while evolution leads to a change in preference composition. With complete information cooperation in the prisoners' dilemma is often achieved, with 'reciprocal' preferences. In the chicken game a symmetric correlated strategy profile is played that is as efficient as the symmetric equilibrium. Among preferences only pure 'hawkish' preferences and 'selfish' preferences survive. With incomplete information, the symmetric equilibrium of the material payoff game is played. All types of preferences are present in the population in the medium run.

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Bibliographic Info

Paper provided by Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim in its series Sonderforschungsbereich 504 Publications with number 02-04.

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Length: 23 pages
Date of creation: 29 Jan 2002
Date of revision:
Handle: RePEc:xrs:sfbmaa:02-04

Note: Financial support from the Deutsche Forschungsgemeinschaft, SFB 504, at the University of Mannheim, is gratefully acknowledged.
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  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. A. J. Robson, 2010. "Efficiency in Evolutionary Games: Darwin, Nash and the Secret Handshake," Levine's Working Paper Archive 540, David K. Levine.
  3. Bolle, Friedel, 2000. "Is altruism evolutionarily stable? And envy and malevolence?: Remarks on Bester and Guth," Journal of Economic Behavior & Organization, Elsevier, vol. 42(1), pages 131-133, May.
  4. Possajennikov, Alex, 2000. "On the evolutionary stability of altruistic and spiteful preferences," Journal of Economic Behavior & Organization, Elsevier, vol. 42(1), pages 125-129, May.
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Cited by:
  1. Sam Perlo-Freeman, 2006. "The Topology of Conflict and Co-operation," Working Papers 0609, Department of Accounting, Economics and Finance, Bristol Business School, University of the West of England, Bristol.
  2. Daniel Friedman & Nirvikar Singh, 2002. "Equilibrium Vengeance," CESifo Working Paper Series 766, CESifo Group Munich.
  3. Alex Possajennikov, 2004. "Two-Speed Evolution of Strategies and Preferences In Symmetric Games," Theory and Decision, Springer, vol. 57(3), pages 227-263, November.

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