Game theory

The Prisoner's Dilemma shows that one-shot interactions favor defection. Cooperation can evolve when interactions repeat, as with reciprocity strategies like tit-for-tat.

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Starter thread · AI-reviewed against its sources

Braess's paradox is the finding that adding a road to a network of self-interested drivers can raise travel times for everyone, because the resulting equilibrium is worse than before.

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Starter thread · AI-reviewed against its sources