Benoit, Jean-Pierre A non-equilibrium analysis of the finitely-repeated prisoner’s dilemma. (English) Zbl 0654.90108 Math. Soc. Sci. 16, No. 3, 281-287 (1988). We follow a non-equilibrium approach to the finitely repeated prisoner’s dilemma with trigger strategies. Each player has a probability distribution which gives the probability with which he thinks the other player first plans to cheat in any given period. We show that, provided that this probability distribution assigns some minimum weight to all periods, the players will cooperate for most of the game if it is repeated enough times. Cited in 3 Documents MSC: 91A20 Multistage and repeated games Keywords:bounded rationality; non-equilibrium approach; finitely repeated prisoner’s dilemma; trigger strategies PDF BibTeX XML Cite \textit{J.-P. Benoit}, Math. Soc. Sci. 16, No. 3, 281--287 (1988; Zbl 0654.90108) Full Text: DOI References: [1] Bernheim, D., Rationalizable strategic behavior, Econometrica, 1007-1028, (1984) · Zbl 0552.90098 [2] Binmore, K.G., Remodeled rational players, (1986), unpublished manuscript [3] Kreps, D.; Milgrom, P.; Roberts, J.; Wilson, R., Rational cooperation in the finitely repeated Prisoner’s dilemma, J. econ. theory, 245-252, (1982) · Zbl 0485.90092 [4] Pearce, D., Rationalizable strategic behavior and the problem of perfection, Econometrica, 1029-1050, (1984) · Zbl 0552.90097 [5] Radner, R., Can bounded rationality resolve the Prisoner’s dilemma?, (), 387-399 [6] Reny, P., Rationality, Common knowledge and the theory of games, unpublished manuscript. · Zbl 0802.90126 [7] Rosenthal, R., Games of perfect information, predatory pricing and the chain-store paradox, J. econ. theory, (1982) This reference list is based on information provided by the publisher or from digital mathematics libraries. Its items are heuristically matched to zbMATH identifiers and may contain data conversion errors. It attempts to reflect the references listed in the original paper as accurately as possible without claiming the completeness or perfect precision of the matching.