Deterministic and stochastic prisoner's dilemma games
Subtitle: experiments in interdependent security
By: Howard Kunreuther ... [et al.].
Contributors: National Bureau of Economic Research
Series: NBER working paper series -- working paper . 341; Working paper series (National Bureau of Economic Research : Online) -- working paper no. . 341.
Publisher: National Bureau of Economic Research
Published: 2007
Place of publication: Cambridge, MA
Language: eng
Format: [electronic resource] :
Description: "This paper examines experiments on interdependent security prisoner's dilemma games with repeated play.  By utilizing a Bayesian hierarchical model, we examine how subjects make investment decisions as a function of their previous experience and their treatment condition.  Our main findings are that individuals have differing underlying propensities to invest that vary across time, are affected by both the stochastic nature of the game and even more so by an individual's ability to learn about his or her counterpart's choices.  Implications for individual decisions and the likely play of a person's counterpart are discussed in detail"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 8/21/2007.

Includes bibliographical references.

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