Forgó, Ferenc (2016) The prisoners' dilemma, congestion games and correlation. Working Paper. Corvinus University of Budapest Faculty of Economics.
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Abstract
Social dilemmas, in particular the prisoners' dilemma, are represented as congestion games, and within this framework soft correlated equilibria as introduced by Forgó F. (2010, A generalization of correlated equilibrium: A new protocol. Mathematical Social Sciences 60:186-190) is used to improve inferior Nash payoffs that are characteristic of social dilemmas. These games can be extended to several players in different ways preserving some important characteristics of the original 2-person game. In one of the most frequently studied models of the n-person prisoners' dilemma game we measure the performance of the soft correlated equilibrium by the mediation and enforcement values. For general prisoners' dilemma games the mediation value is ∞, the enforcement value is 2. This also holds for the class of separable prisoners’ dilemma games.
Item Type: | Monograph (Working Paper) |
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Series Name: | Corvinus Economics Working Papers - CEWP |
Series Number / Identification Number: | 2016/07 |
Uncontrolled Keywords: | prisoners' dilemma, congestion games, soft correlated equilibrium, mediation value, enforcement value |
JEL classification: | C72 - Noncooperative Games |
Divisions: | Faculty of Economics > Department of Operations Research and Actuarial Sciences |
Subjects: | Mathematics, Econometrics |
Projects: | OTKA 101224 |
References: | |
ID Code: | 2187 |
Deposited By: | Ádám Hoffmann |
Deposited On: | 06 Jan 2016 08:05 |
Last Modified: | 02 Feb 2016 08:19 |
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