The Evolution of Cooperation Revisited
Robert Hoffmann ()
SMF Discussion Paper Series from University of Nottingham, School of Management & Finance
Robert Axelrod's seminal round-robin computer tournaments for the repeated prisoner's dilemma have been hailed as the explanation of the evolution of cooperation. In this paper, Axelrod's results are systematically re-examined in the light of new insights about computer simulations. In particular, this paper presents an overview of the effects of seven important simulation parameters on the results of round-robin simulations with two-state Moore machines. Furthermore, I provide a detailed analysis of how different strategic characteristics of the automata determine the effect changes in the parameter values have on their respective payoffs.
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Working Paper: The Evolution of Cooperation Revisited (1996)
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Persistent link: https://EconPapers.repec.org/RePEc:wuk:nofidp:9606
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