Game Theory
Math · Intermediate · Lesson 4 of 7

Cooperation

Repeated games and tit for tat

An interactive lesson with 7 steps, about 6 minutes: you predict, drag and solve, with instant feedback on every answer. It runs in your browser and needs JavaScript.

What you’ll learn

  • Repeated play can make cooperation rational: the shadow of the future.
  • Tit for Tat: nice, retaliatory, forgiving and clear. It won Axelrod’s tournaments.
  • With a known final round, the incentive to defect at the end returns.

Steps

  1. Play it again
  2. Axelrod’s tournaments
  3. Cooperation on a grid
  4. Why repetition helps
  5. Noisy moves
  6. Patience pays
  7. Last round