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| | [No title] (Site not responding. Last check: 2007-11-03) |
 | | Prisoners' dilemma: c > a > d > b (e.g., 3,3 0,5 5,0 1,1) (1,1) is the stable or rational strategy (equilibrium act pair), but (3,3) is a better strategy; that's the dilemma. |
 | | Value of Games Theory Insights on competitive and cooperative strategies and consequences, as well as short-term vs. long-term objectives and public good vs. private interest. |
 | | Repeated plays of the Prisoners' Dilemma game have indicated that Tit-for-Tat beats many other strategies and thus potentially a good genetic strategy. |
| www.cob.sjsu.edu /yu_o/bus215/Bus215-6-2002.ppt (290 words) |
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