Iterated Prisoner's Dilemma
In the iterated prisoner's dilemma lab, students explore the consequences of following alternative strategies (e.g., tit-for-tat, unforgiving, ...) in an interated prisoner's dilemma game. Students complete a lab report in preparation for class discussion.
repeated games in oligopolistic markets
repeated games and tacit collusion.
Context for Use
Description and Teaching Materials
The student goes to the above site. A lab exercise (pdf) is available for download by the student. The exercise steps them through running the simulation exercise.
The simulation runs within the browser window. There is an option for the student to download the Netlogo model and run the simulation from within Netlogo directly. The description of the simulation is included below the simulation: what it is, how it works, how to use it, things to notice, and things to try.
Teaching Notes and Tips
Class discussion reveals whether the students are confronting the main goal of the simulation.
Other standard forms of assessment can be used.
References and Resources
The Netlogo site provides access to the Netlogo desktop application. The desktop application includes a version of the iterated prisoner's dilemma model which was used as the basis for the modified version referenced above. While not required to run the simulation in a browser, faculty and students wishing to explore the simulation further from within the desktop application.