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Preferential Partner Selection in an Evolutionary Study of Prisoner's Dilemma

Author

Listed:
  • Ashlock, Daniel
  • Smucker, Mark D.
  • Stanley, E. Ann
  • Tesfatsion, Leigh S.

Abstract

This study reports on extensive computer experiments for the "Iterated Prisoner's Dilemma with Choice and Refusal of Partners (IPD/CR)" framework. For example, it is shown that the introduction of choice and refusal tends to enhance the emergence of cooperation in IPD games in comparison to either random or round-robin partner selection. In addition, with choice and refusal of partners, the fitness values of the players tend to cluster fairly tightly into a small number of narrow regions. Within any one fitness region, however, the players consist of genetically diverse players with interaction patterns peculiarly adapted to the choice and refusal mechanism. Detailed sensitivity studies are also reported with respect to key parameters such as the learning algorithm "memory weight," the "minimum tolerance level" below which game offers are refused, and the "refusal payoff" incurred by a player whenever one of his game offers is refused. Annotated pointers to related work can be accessed here: http://www2.econ.iastate.edu/tesfatsi/tnghome.htm

Suggested Citation

  • Ashlock, Daniel & Smucker, Mark D. & Stanley, E. Ann & Tesfatsion, Leigh S., 1996. "Preferential Partner Selection in an Evolutionary Study of Prisoner's Dilemma," Staff General Research Papers Archive 1687, Iowa State University, Department of Economics.
  • Handle: RePEc:isu:genres:1687
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    References listed on IDEAS

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    1. Hirshlifer, David & Rassmusen, Eric, 1989. "Cooperation in a repeated prisoners' dilemma with ostracism," Journal of Economic Behavior & Organization, Elsevier, vol. 12(1), pages 87-106, August.
    2. Stanley, E. Ann & Ashlock, Dan & Tesfatsion, Leigh, 1993. "Iterated Prisoner's Dilemma with Choice and Refusal of Partners," ISU General Staff Papers 199302010800001028, Iowa State University, Department of Economics.
    3. Gordon Tullock, 1985. "Adam Smith and the Prisoners' Dilemma," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 100(Supplemen), pages 1073-1081.
    4. Marimon, Ramon & McGrattan, Ellen & Sargent, Thomas J., 1990. "Money as a medium of exchange in an economy with artificially intelligent agents," Journal of Economic Dynamics and Control, Elsevier, vol. 14(2), pages 329-373, May.
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    More about this item

    JEL classification:

    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory

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