Brams, Steven J.; Kilgour, D. Marc - In: Games 11 (2020) 3/35, pp. 1-7
In the much-studied Centipede Game, which resembles the Iterated Prisoners' Dilemma, two players successively choose between (1) cooperating, by continuing play, or (2) defecting and terminating play. The subgame-perfect Nash equilibrium implies that play terminates on the first move, even...
