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Asymmetric social norms

Gabriele Camera and Alessandro Gioffré

Economics Letters, 2017, vol. 152, issue C, 27-30

Abstract: Studies of cooperation in infinitely repeated matching games focus on homogeneous economies, where full cooperation is efficient and any defection is collectively sanctioned. Here we study heterogeneous economies where occasional defections are part of efficient play, and show how to support those outcomes through contagious punishments.

Keywords: Cooperation; Repeated games; Social dilemmas (search for similar items in EconPapers)
JEL-codes: C6 C7 (search for similar items in EconPapers)
Date: 2017
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Working Paper: Asymmetric Social Norms (2016) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:152:y:2017:i:c:p:27-30

DOI: 10.1016/j.econlet.2016.12.025

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