Game Theory and Economic Behavior
Robert Axelrod is a political scientist and professor known for his pioneering work in game theory and its applications to social science, particularly in the context of cooperation and conflict. His most famous contribution is the 'Prisoner's Dilemma' simulations which demonstrate how cooperation can emerge among self-interested individuals, connecting to concepts such as credible threats and promises, folk theorems, evolutionary stable strategies, and applications in biology and social evolution.
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