In Defense of Defect
The one-state machine that always defects is the only evolutionarily stable strategy in the machine game that is derived from the prisoners' dilemma, when preferences are lexicographic in complexity. This machine is the only stochastically stable strategy of the machine game when players are restricted to choosing machines with a uniformly bounded complexity.
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|Date of creation:||01 Jan 2002|
|Date of revision:|
|Publication status:||Published in Games and Economic Behavior 2002, vol. 39, pp. 309-321|
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Levine's Working Paper Archive
546, David K. Levine.
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- Kandori, Michihiro & Mailath, George J & Rob, Rafael, 1993.
"Learning, Mutation, and Long Run Equilibria in Games,"
Econometric Society, vol. 61(1), pages 29-56, January.
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- Rubinstein, Ariel, 1986.
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- Ariel Rubinstein, 1997. "Finite automata play the repeated prisioners dilemma," Levine's Working Paper Archive 1639, David K. Levine.
- Cooper, David J., 1996. "Supergames Played by Finite Automata with Finite Costs of Complexity in an Evolutionary Setting," Journal of Economic Theory, Elsevier, vol. 68(1), pages 266-275, January.
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