The Evolution of Cooperation - Iterated Prisoner's Dilemma

Explore the fascinating world of game theory and the evolution of cooperation in this 20-minute video lecture. Delve into the concept of the Iterated Prisoner's Dilemma and discover how different strategies perform when games are played repeatedly. Learn about various approaches, including the Prober, Grudge, and Tit for Tat strategies, and understand the properties that make certain strategies more successful than others. Examine the evolutionary perspective of repeated games and how cooperative strategies can become more prevalent over time, leading to the emergence of cooperation. Gain insights into Robert Axelrod's Iterated Prisoner's Dilemma tournaments and their impact on understanding successful strategies in repeated interactions.