Note on Complete Proof of Axelrod’s Theorem

This note will give a complete proof of Axelrod’s theorem that characterizes the advantage of Tit-for-Tat (TFT) strategy in the repeated prisoner’s dilemma. Despite of its importance in Axelrod’s study, the proof of the theorem is incomplete. First, the fault of the proof is depicted and two approac...

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Bibliographic Details
Main Authors: Takashi SHIMIZU, Nobuo TAKAHASHI
Format: Article
Language:English
Published: Global Business Research Center 2003-10-01
Series:Annals of Business Administrative Science
Subjects:
Online Access:https://www.jstage.jst.go.jp/article/abas/2/4/2_39/_pdf/-char/en