Game Theory - Repeated Games

Happy Thursday!

While simultaneous games and sequential games explain the interaction between players only once, often you will meet your opponent again. Repeated games stand as a cornerstone, offering profound insights into strategic decision-making over time. Unlike their static counterparts, repeated games encapsulate the essence of ongoing interactions, where players navigate a dynamic landscape of choices, strategies, and payoffs. Let’s get started!

🧑‍💻 In this week’s edition: Game Theory

• Monday - Introduction to Game Theory

• Tuesday - Simultaneous Games

• Wednesday - Sequential Games

• Thursday - Repeated Games

• Friday - Cooperative Games

• Saturday - Uncertainty and Errors

💭 Question of the day

“What is the role of "tit for tat" strategy in iterated prisoner's dilemma games?”