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The best known strategy in the Iterated Prisoner's dilemma is the "tit for tat" strategy. The "tit for tat" strategy is to cooperate the first time and then on all subsequent times the strategy is to do whatever the opponent did on the turn prior to the one you are on. In this game a prisoner will cooperate, because by doing so he ensures that the other player will cooperate in the next iteration. It is necessary that the game be played indefinitely for this strategy to foster cooperation. If not, players will deviate and confess in the last iteration, because there are no consequences, which will then remove the consequence from deviating in the second last iteration, followed by the third last, and so on, so both players confess immediately.

The best known strategy in the Iterated Prisoner's dilemma is the "tit for tat" strategy. The "tit for tat" strategy is to cooperate the first time and then on all subsequent times the strategy is to do whatever the opponent did on the turn prior to the one you are on. In this game a prisoner will cooperate, because by doing so he ensures that the other player will cooperate in the next iteration. It is necessary that the game be played indefinitely for this strategy to foster cooperation. If not, players will deviate and confess in the last iteration, because there are no consequences, which will then remove the consequence from deviating in the second last iteration, followed by the third last, and so on, so both players confess immediately.

[[Category:Mathematics]]

[[Category:Mathematics]]

[[Category:Philosophy]]

[[Category:Conservatism]]