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GLAD: a simple adaptive strategy that yields cooperation in dilemma games

Huck, S.; Normann, H.-T.; Oechssler, J.; (2004) GLAD: a simple adaptive strategy that yields cooperation in dilemma games. (ELSE Working Papers 83). ESRC Centre for Economic Learning and Social Evolution: London, UK. Green open access

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Abstract

We introduce a simple adaptive rule where agents choose a cooperative effort on a grid. Agents can adjust this effort step by step and Gains and Losses Adjust Directions. We show that this process con- verges to the cooperative outcome in a two-person Prisoners' Dilemma game, and we provide simulations showing that the results also holds with a larger number of agents.

Type: Working / discussion paper
Title: GLAD: a simple adaptive strategy that yields cooperation in dilemma games
Open access status: An open access version is available from UCL Discovery
Publisher version: http://else.econ.ucl.ac.uk/newweb/papers.php
Language: English
Keywords: Cooperation, prisoners' dilemma, adaptive dynamics
UCL classification: UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics
URI: https://discovery.ucl.ac.uk/id/eprint/14591
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