Abstract
The game nicknamed ‘prisoner’s dilemma’ by A.W. Tucker has attracted wide attention, doubtless because it has raised doubts about the universal applicability of the so called Surething Principle as a principle of rational decision.
Keywords
- Collective Rationality
- Evolutionarily Stable Strategy
- Universal Applicability
- Tacit Agreement
- Cooperative Choice
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
This chapter was originally published in The New Palgrave: A Dictionary of Economics, 1st edition, 1987. Edited by John Eatwell, Murray Milgate and Peter Newman
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Rapoport, A. (1987). Prisoner’s Dilemma. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_1850-1
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DOI: https://doi.org/10.1057/978-1-349-95121-5_1850-1
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Publisher Name: Palgrave Macmillan, London
Online ISBN: 978-1-349-95121-5
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