Extortion can Outperform Generosity in the Iterated Prisoners’ Dilemma

主讲人

Jie Zheng

简介

<p>Zero-determinant (ZD) strategies, as discovered by Press and Dyson, can enforce a linear relationship between a pair of players&rsquo; scores in the iterated Prisoner&rsquo;s Dilemma. Particularly, the Extortionate ZD strategies can enforce and exploit cooperation, providing a player with a score advantage, and consequently higher scores than those from either mutual cooperation or Generous ZD strategies. In laboratory experiments in which human subjects were paired with computer co-players, we demonstrate that both the Generous and the Extortionate ZD strategies indeed enforce a unilateral control of the reward. When the experimental setting is sufficiently long and the computerized nature of the opponent is known to human subjects, the Extortionate strategy outperforms the Generous strategy. Human subjects&rsquo; cooperation rates when playing against Extortionate and Generous ZD strategies are similar after learning has occurred. More than half of Extortionate strategists finally obtain an average score higher than that from mutual cooperation.</p>

时间

2016-03-03(Thursday)16:40-18:00

地点

N303, Econ Building

讲座语言

English

主办单位

WISE & SOE

承办单位

类型

系列讲座

联系人信息

主持人

Yun Wang

专题网站

专题

主讲人简介

<p>Assistant Professor of Economics, School of Economics and Management, Tsinghua University</p> <p>Visiting Scholar, Department of Economics, The Chinese University of Hong Kong (2015.9-2016.3)</p> <p><a href="/Upload/File/2016/2/20160219090753137.pdf"><u><strong><span style="color: rgb(0, 0, 255);">Prof. Jie Zheng's CV</span></strong></u></a></p>

期数

“WISE-SOE”高级经济学系列讲座2016春季学期第一讲(总第359讲)

主讲人: Jie Zheng
主讲人简介:

Assistant Professor of Economics, School of Economics and Management, Tsinghua University

Visiting Scholar, Department of Economics, The Chinese University of Hong Kong (2015.9-2016.3)

Prof. Jie Zheng's CV

主持人: Yun Wang
简介:
系列讲座
时间: 2016-03-03(Thursday)16:40-18:00
地点: N303, Econ Building
期数: “WISE-SOE”高级经济学系列讲座2016春季学期第一讲(总第359讲)
主办单位: WISE & SOE
类型: 系列讲座