I remember when I was younger, and I did that, but because I was their third child they were kind of already annoyed, so my parents' reaction was immediate and usually quite shouty.
I do find it adorable seeing these juveniles annoy the elderly.
Sometimes, adults deny this truth to their own detriment because they’re “smart” or “civilized”.
The optimal strategy is signaling alliance (to receptive partners); after that, it’s reciprocating behavior.
Teenagers (and many adults) aren’t willing to ally, so we’re left with reciprocating. Until they accept being allies is a good idea.
It is a mistake to try to translate that to using a tit for tat strategy in general, where the rules and payouts are usually quite different.
What game is being played? What are the rewards for winning?
Less than 2 teases per hour! I wish some juvenile homo sapiens I know were that well behaved.