Title
Preplay negotiations and the prisoner's dilemma
Abstract
In order to improve outcomes of one shot noncooperative games a formal procedure for conducting preplay negotiations is proposed. For the prisoners' dilemma game it is shown that all the perfect equilibrium in the induced game (the game with the preplays) yield the cooperative pay-off. For another game it is shown that all perfect equilibrium payoffs converge to be Pareto optimal as the number of preplays increases.
Year
DOI
Venue
1981
10.1016/0165-4896(81)90015-9
Mathematical Social Sciences
Keywords
DocType
Volume
Prisoners' dilemma,Cooperative game,Perfect equilibrium,Pareto optimum
Journal
1
Issue
ISSN
Citations 
4
0165-4896
7
PageRank 
References 
Authors
1.74
0
1
Name
Order
Citations
PageRank
Ehud Kalai113544.65