GTFT full form

Meaning : Generous tit for tat

Category : Mathematics
Sub Category : Game Theory

What does GTFT mean or stand for ?

GTFT is a probability theory  that game theorists use to analyze and predict possible outcomes from “Snitch” situations or waiting games.

A famous example of this is the “prisoner’s dilemma”.When two prisoners are captured and interrogated separately regarding a theft.Now there are 3 possible outcomes:

  • They both lie or just keep silent while keeping up the same story,they get the same reduced sentence of 1 year.
  • If both betray each other and blame each other then both get 5 years
  • If one betrays the other and implicates him then he goes scott free while the one who is betrayed gets a full 10 year term