PERCEPTRONS PLAY THE REPEATED PRISONERS-DILEMMA

成果类型:
Note
署名作者:
CHO, IK
刊物名称:
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN:
0022-0531
DOI:
10.1006/jeth.1995.1074
发表日期:
1995
页码:
266-284
关键词:
摘要:
We examine the implications of bounded rationality in repeated games by modeling the repeated game strategies as perceptrons (F. Rosenblatt, ''Principles of Neurodynamics,'' Spartan Books, and M. Minsky and S. A. Papert, ''Perceptions: An Introduction to Computational Geometry,'' MIT Press, Cambridge, MA, 1988). In the prisoner's dilemma game, if the cooperation outcome is Pareto efficient, then we can establish the folk theorem by perceptrons with single associative units (Minsky and Papert), whose computational capability barely exceeds what we would expect from players capable of fictitious plays (e.g., L. Shapley, Some topics in two-person games, Adv. Game Theory 5 (1964), 1-28). (C) 1995 Academic Press, Inc.