Statements (28)
Predicate | Object |
---|---|
gptkbp:instanceOf |
game theory concept
|
gptkbp:commonObservation |
humans often cooperate longer than predicted by theory
|
gptkbp:features |
possibility of cooperation
alternating moves increasing payoffs |
gptkbp:field |
game theory
|
gptkbp:firstDescribed |
gptkb:Robert_Rosenthal
|
https://www.w3.org/2000/01/rdf-schema#label |
Centipede game
|
gptkbp:introducedIn |
1981
|
gptkbp:NashEquilibrium |
immediate defection
|
gptkbp:notablePublication |
Rosenthal, R. W. (1981). Games of perfect information, predatory pricing and the chain-store paradox. Journal of Economic Theory, 25(1), 92-100.
|
gptkbp:numberOfPlayers |
two
|
gptkbp:payoffStructure |
payoffs increase as game progresses
|
gptkbp:realWorldApplications |
economics
political science psychology |
gptkbp:relatedTo |
gptkb:train
reciprocity cooperation rationality defection |
gptkbp:solvedBy |
backward induction
|
gptkbp:structure |
finite
|
gptkbp:studiedIn |
experimental economics
behavioral game theory |
gptkbp:type |
extensive-form game
|
gptkbp:bfsParent |
gptkb:Subgame_Perfect_Equilibrium
|
gptkbp:bfsLayer |
7
|