What is the tit-for-tat strategy in a repeated prisoners\' dilemma game? A. The

Question

What is the tit-for-tat strategy in a repeated prisoners' dilemma game? A. The player cooperates in the first round of play. After that, the player chooses to either cooperate or cheat based on how often the other player has cooperated or cheated in all previous rounds. If the other player has cooperated at least half the time, the first player will cooperate, otherwise he or she will cheat in the next round. B. The player alternates between cooperation and cheating in every other round of play. C. The player cheats in the first round of play. After that, he or she does whatever the other player did in the previous round. D. The player cooperates in the first round of play. After that, he or she does whatever the other player did in the previous round.

Explanation / Answer

Ans: D - The player cooperates in the first round of play. After that, he or she does whatever the other player did in the previous round.

‘Tit for Tat’ in prisoner’s dilemma is economic theory based on behavior of other person. It states competition in economic environment, a person interact with other person and cooperate in that situation regardless of other person cheat or cooperate. In next move the first person will mimic the behavior of second person, if second person cheats than he will also cheat and if second person cooperate first person will cooperate. First person will follow the actions of second person after first interaction.

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