"exploitation is a basic property of human society"
May 31, 2019 10:42 AM Subscribe
One of the great workhorses in game theory is the prisoner’s dilemma [Wikipedia]. But an as-yet-unsolved question is how exploitation must have evolved in society. Today, we get an answer thanks to the work of Yuma Fujimoto and Kunihiko Kaneko at the University of Tokyo in Japan [arXiv]. They use the iterated prisoner’s dilemma to show how one player can exploit the other to get a better payoff. They also show why the exploited player goes along with the exploitation to create a stable strategy. [MIT Technology Review]
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