Title of article
Strategy-contingent discounting in repeated PD-games
Author/Authors
Oliver Koppel، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2004
Pages
6
From page
309
To page
314
Abstract
This paper introduces a concept of endogenous discounting in repeated PD-games. Agents face specific probabilities of reaching the next stage. These probabilities depend on both strategy choices and exogenous yardsticks. We find a negative correlation between yardsticks and cooperation.
Keywords
Endogenous discounting , Repeated game , Prisoner’s Dilemma
Journal title
Economics Letters
Serial Year
2004
Journal title
Economics Letters
Record number
435550
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