Question

A Milgrom, North, & Weingast paper proposed an “adjusted” variant of this approach applied to the “Law Merchant” system. This approach is worse when subject to “echo effects,” which was proven against an algorithm developed by Johann Joss. One book articulates the effectiveness of this approach due to its properties of “clarity,” “niceness,” “retaliatory,” and “forgiving.” (15[1])A version of this approach seeking to avoid a “death spiral” inserts the number (*) “two” in its name. Robert Axelrod’s The Evolution (10[1])of Cooperation primarily analyzes this “nice” strategy, which was determined to be the best solution in a tournament (10[1])using the (10[1])iterated prisoner’s dilemma. This trigger strategy differs from the grim trigger by not enforcing maximal punishment for defection. For 10 points, name this game theory strategy in which a player cooperates and then copies their opponent’s previous action. ■END■ (10[1])

ANSWER: tit for tat [or TFT; accept tit for two tats or TFTT; accept adjusted tit for tat or ATFT; prompt on trigger strategy until read; prompt on cooperation until read]
<Social Science - Social Science - Economics>
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Buzzes

PlayerTeamOpponentBuzz PositionValue
Erik ChristensenI'd prefer to have the team name be Christensen et al. than anything that Erik cooks up The Only Existing Manuscript from A Clockwork Orange5515
Gareth ThorlaksonSimpson Agonistes: The Crisis of DonutRyan Wesley Routh's 10 000 NATO-trained Afghan Quizbowlers7710
Rayton LinTensei Shitara Flashcard Data KenModerator Can't Neg me While in Alpha9510
Jared HeYou cannot go to Aarhus to see his peat-brown head / With eyes like ripening fruitCommunism is Soviet power plus the yassification of the whole country9710
Kunaal Chandrashekaras rational as the square root of two power bottomsShe Dicer On My Argonaute Till I RNA Interfere13610

Summary

2024 ARGOS @ Stanford02/22/2025Y3100%0%0%82.67
2024 ARGOS Online03/22/2025Y3100%33%33%99.00
2024 ARGOS @ Brandeis03/22/2025Y3100%0%0%91.67
2024 ARGOS @ McMaster11/17/2024Y5100%20%0%92.00
2024 ARGOS @ Columbia11/23/2024Y3100%0%0%106.33
2024 ARGOS @ Chicago11/23/2024Y6100%17%17%92.17
2024 ARGOS @ Christ's College12/14/2024Y333%0%33%74.00