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We review the possibilities and difficulties for statistical physicists if they apply their methods to biology, economics, or sociology. WARNING: I report opinions, not simulations.
Persistent link: https://www.econbiz.de/10010588461
The prisoner's dilemma (PD) deals with the behavior conflict between two agents, who can either cooperate (cooperators) or defect. If both agents cooperate (defect), they have a unitary (null) payoff. Otherwise the payoff is T for the defector and null for the cooperator. The temptation T to...
Persistent link: https://www.econbiz.de/10011057025