{"product_id":"iterated-prisoners-dilemma-von-ph-d-welder","title":"Iterated Prisoner's Dilemma","description":"\u003cp\u003eHow does cooperation emerge in a culture of individuals whose  primary concern is their own personal success? Society thrives on  the mutual cooperation of people, companies, industries,  governments, and others. But why do we choose cooperation, for  the good of the whole, when we could gain more from exploiting  one another? Perhaps answers lie in the fact that we will interrelate  with the same individuals over time. Could cooperation be fostered  by familiarity and trust? The theory behind the evolution of  cooperation can be analyzed when interactions are modeled using  the Prisoner''s Dilemma. In the Prisoner''s Dilemma, as in real life,  mutual cooperation is the best outcome for the two individuals  considered as a pair. However, the willingness to cooperate is  concurrent with the risk of being exploited by the other. This work  investigates the paradoxical nature of the Prisoner''s Dilemma along  with several interaction strategies to identify which would create  mutual cooperation and which would lead to societal destruction.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783838349626\"\u003e\u003ch3\u003eA game theory approach to the mathematical study of cooperation\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9783838349626","offer_id":39499093147741,"sku":"9783838349626","price":49.0,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/3e5438ac-63e8-4f25-9583-883f091b048f.jpg?v=1758259506","url":"https:\/\/shop.autorenwelt.de\/products\/iterated-prisoners-dilemma-von-ph-d-welder","provider":"Autorenwelt Shop","version":"1.0","type":"link"}