Asymmetric Equilibria in Symmetric Multiplayer Prisoners Dilemma Supergames
Davidson Cheng
Papers from arXiv.org
Abstract:
We propose a finite automaton-style solution concept for supergames. In our model, we define an equilibrium to be a cycle of state switches and a supergame to be an infinite walk on states of a finite stage game. We show that if the stage game is locally non-cooperative, and the utility function is monotonously decreasing as the number of defective agents increases, the symmetric multiagent prisoners' dilemma supergame must contain one symmetric equilibrium and can contain asymmetric equilibria.
Date: 2022-05
New Economics Papers: this item is included in nep-gth and nep-upt
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2205.13772
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