22 Jul What is the prisoner’s dilemma, and what general conditions characterize the prisoner’s dilemma??? Describe the tit-for-tat strategy, making sure to explain why one might characterize i
2.) What is the prisoner's dilemma, and what general conditions characterize the prisoner's dilemma? Describe the tit-for-tat strategy, making sure to explain why one might characterize it as a cooperative strategy. Under what conditions will tit-for-tat prove optimal and under what conditions will it fail?
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2.) What is the prisoner's dilemma, and what general conditions characterize the prisoner's dilemma? Describe the tit-for-tat strategy, making sure to explain why one might characterize it as a cooperative strategy. Under what conditions will tit-for-tat prove optimal and under what conditions will it fail?
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