satt comments on Open thread, Jan. 26 - Feb. 1, 2015 - Less Wrong

6 Post author: Gondolinian 26 January 2015 12:46AM

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Comment author: satt 31 January 2015 06:13:13PM 0 points [-]

One example of a prisoner's dilemma resulting in cooperation is the infinitely/indefinitely repeating prisoner's dilemma (assuming the players don't discount the future too much).

(The non-repeated, one-shot prisoner's dilemma never results in cooperation. As the game theorist Ken Binmore explains in several of his books, among them Natural Justice, defection strongly dominates cooperation in the one-shot PD and it inexorably follows that a rational player never cooperates.)