“Game theoretic reasoning is memory-less”
No. Consider the tit-for-tat strategy in the infinitely repeated prisoners’ dilemma game.
Why is it irrational for Player 1 to not pick A? Your answer must include beliefs that Player 2 would have if he gets to move.
“Game theoretic reasoning is memory-less”
No. Consider the tit-for-tat strategy in the infinitely repeated prisoners’ dilemma game.
Why is it irrational for Player 1 to not pick A? Your answer must include beliefs that Player 2 would have if he gets to move.