Cooperation in the Prisoner's Dilemma with Short-Run Players

Luciana Moscoso Boedo

No DTE 490, Working Papers from CIDE, División de Economía

Abstract: This paper studies cooperative behavior in communities with a subset of short-run players. This is done in the context of a repeated Prisoner's Dilemma game. The introduction of a short-run player in the population breaks any equilibrium supported by symmetric pure strategies. Despite this, I suggest a plausible information technology that ensures a cooperative outcome by identifying the cooperative members of a community. This technology resembles the informational institutions that allow firms to recognize clients and to make them recognizable for other firms.

Keywords: prisioner's dilemma; short-run players; cooperative members (search for similar items in EconPapers)
JEL-codes: C71 C73 (search for similar items in EconPapers)
Pages: 31 pages
Date: 2010-04
References: View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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