The Iterated Prisoner's Dilemma is a strategic game that models situations where individuals must choose between cooperation and betrayal over multiple interactions, highlighting how long-term relationships can foster cooperation even in competitive environments. It demonstrates that strategies promoting mutual benefit can outperform those focused solely on immediate self-interest, especially when future interactions are anticipated.

Iterated Prisoner's Dilemma

A strategic game is a mathematical model of a situation in which players make decisions that will influence each other's outcomes, emphasizing the importance of anticipating other players' actions and reactions. It is foundational in understanding competitive and cooperative behaviors where each player's success is tied to the strategy they choose amidst the expected decisions of others.

strategic game

Cooperation is the process where individuals or groups work together towards a common goal, often leading to mutual benefit and enhanced outcomes. It is a fundamental aspect of social interaction and is crucial for achieving complex tasks that cannot be accomplished alone.

cooperation

Betrayal is a violation of trust that occurs when someone breaks a promise or fails to uphold the expectations of a relationship, leading to feelings of disappointment, hurt, and anger. It can have profound psychological effects on both the betrayer and the betrayed, often causing a reevaluation of personal values and relationships.

betrayal

long-term relationships

Mutual benefit refers to a situation in which all parties involved gain advantages or positive outcomes, fostering cooperation and collaboration. It is a foundational principle in various fields, promoting sustainable relationships and equitable exchanges.

mutual benefit

immediate self-interest

Future interactions are about how people, robots, and computers will talk and work together in new ways. It’s like making friends with smart machines that help us do things better and faster.

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