Game Theory 101: Introduction to the Infinitely Repeated Prisoner's Dilemma

[1337SuperNewb]

Under "calculating payoffs" you have both points as "what is the payoff for mutual defection in infinitely many periods?" This is correct for the first point, but the second should be "what is the payoff for mutual cooperation in infinitely many periods?"

[JimBobJenkins]

@1337SuperNewb That's what I get for copying and pasting!

Fixed with annotations. Good catch, my bad.

[DJTripleThreat78]

Looking forward to the next video!

[JimBobJenkins]

@DJTripleThreat78 Well, the next lecture in this lesson is already up, though it's a repeat from the bargaining games playlist....

[DJTripleThreat78]

@JimBobJenkins Aha, ok. I'm going through my subs so it'll probably show in a bit. I did get sidetracked though... I'm watching your video on Rubinstein Bargaining

[JimBobJenkins]

@DJTripleThreat78 If you already understand what's going on with Rubinstein, then you don't really need the next one on the playlist. You can wait until I get around to putting the next video up. :)

[DJTripleThreat78]

@JimBobJenkins Yeah I'm picking up the math (geometric series as you said). I can see how these two are related.

[Jakomancer]

first