InterJournal Complex Systems, 1904
Status: Accepted
Manuscript Number: [1904]
Submission Date: 2006
Prisonner's Dilemma in a Dynamic Game Theory
Author(s): Gerald H Thomas

Subject(s): CX.44

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Abstract:

Using a recently proposed dynamic theory of games by one of the authors (Thomas), we analyze the prisoner's dilemma. The dynamic theory starts with classical game gheory but draws on the dynamic concepts, language and formalism of relativistic and electrodynamic theories of physics. Game theory provides the framework for what is meant by utility, strategy, and static equilibrium. Physical theories provide the framework for dynamics. The prisoner's dilemma is a simple example in which to study utility and self-interest. We find that the concepts of self-interest and other-interest behaviors are fundamental in a dynamic theory, corresponding to the analog of positive and negative charges. Player utility corresponds to flows along player value-choices and is either maximized or minimized depending on the player charge.

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