Tit-for-tat strategy

The Tit-for-tat strategy is a decision approach where a player starts by cooperating and then copies the other player's previous move. If the opponent cooperates, you continue cooperating; if they betray or defect, you respond by defecting in the next round. This method encourages mutual cooperation while discouraging betrayal, fostering trust over time. It’s often used in game theory to promote positive interactions and stability in situations involving repeated exchanges, such as business negotiations or social relationships. Essentially, it’s a balanced strategy that rewards cooperation and punishes selfish behavior, promoting fairness and reciprocity.