• 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