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Yes, they start out with game theory, which is only about rewards, and then add in punishment. Game theory is enormously insightful, but It leaves out a great
by woodandsteel 9y ago
Yes, they start out with game theory, which is only about rewards, and then add in punishment.
Game theory is enormously insightful, but It leaves out a great many factors that are very important in the real world, such as communication between the parties,uncertain rules, and reputation.
- jballanc 9y agoAll the factors you mention are accounted for by researchers that use game theory as the basis for evolutionary modeling (for a primer, check out "Evolutionary games on graphs" - https://arxiv.org/abs/cond-mat/0607344 https://arxiv.org/abs/cond-mat/0607344).
- woodandsteel 9y agoOk, I was confusing the prisoner's dilemma with game theory as such.