New study reveals surprising dynamics in repeated prisoner's dilemma games!
In some games, players can change how much they value future rewards based on what's happening in the game. This can lead to different outcomes than expected. For example, in a game like prisoner's dilemma, players might take turns betraying each other even though it's better to cooperate. This can happen if players are patient enough. So, the way players value time can affect how they play the game and what results they get.