清华经济学原理17-2微观经济学前沿：实验与行为经济学.pptVIP

* * * * * In games 1-4, DC is weakly dominated by DD, and as expected, empirically adopted least often (Section 3). In game 0, however, DC is a weakly dominant strategy for player 2. Comparing player 2’s two weakly dominant strategies, DD and DC, we note that DC maximizes joint payoffs and Pareto dominates DD. Specifically, if player 1 chooses to defect, DC leads to a higher joint payoff without sacrificing own payoff (3 regardless); however, if player 1 chooses to cooperate (which leads to a joint payoff of 12 regardless what player 2 does), player 2 chooses to defect to maximize self inter