Prisoner Dilemma: A Model Taking into Account Expectancies
Natale S. Bonfiglio and
Eliano Pessa
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Natale S. Bonfiglio: Università di Pavia
Eliano Pessa: Università di Pavia
A chapter in Systemics of Emergence: Research and Development, 2006, pp 707-714 from Springer
Abstract:
Abstract This paper introduces a new neural network model of players’ behavior in iterated Prisoner Dilemma Game. Differently from other models of this kind, but in accordance with theoretical framework of evolutionary game theory, it takes into account players’ expectancies in computation of individual moves at every game step. Such a circumstance, however, led to an increase of the number of model free parameters. It was therefore necessary, to search for optimal parameter values granting for a satisfactory fitting of data obtained in an experiment performed on human subjects, to resort to a genetic algorithm.
Keywords: prisoner dilemma; evolutionary game theory; neural network; genetic algorithm (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-0-387-28898-7_50
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DOI: 10.1007/0-387-28898-8_50
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