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Title:The absent-minded prisoner PDF Logo
Authors:Dilger, Alexander
Issue Date:1998
Series/Report no.:Wirtschaftswissenschaftliche Diskussionspapiere // Ernst-Moritz-Arndt-Universität Greifswald, Rechts- und Staatswissenschaftliche Fakultät 14/1998
Abstract:If one of two rational players is absent-minded for at least three rounds, cooperation in a prisoners dilemma with a finite number of repetitions is possible. If both players are absentminded, even two rounds of absent-mindedness can be enough for cooperation in these rounds and all rounds before. Sufficient conditions for the existence of a cooperative equilibrium are derived, a plausible interpretation of absent-mindedness in the case of many repetitions is given.
Subjects:absent-mindedness
prisoners dilemma
repeated games
JEL:C72
Document Type:Working Paper
Appears in Collections:Wirtschaftswissenschaftliche Diskussionspapiere, Universität Greifswald

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