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Question
Game theorist Robert Axelrod decided to examine the choices that participants make in a long-run setting. He ran a sophisticated computer simulation in which he invited scholars to submit strategies for securing points in a prisoners dilemma tournament over many rounds. All the submissions were collected and paired, and the results were scored. After each simulation, he eliminated the weakest strategy and reran the tournament with the remaining strategies. This evolutionary approach continued until the best strategy remained. Among all strategies submitted, which strategy dominated?
a. tit-for-tat strategy
b. tit-for-two-tats strategy
c. Axelrod equivalency strategy
d. profit-maximization strategy
e. grim trigger
Answer
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