Mengel, Friederike; Horváth, Gergely; Kovarik, Jaromir - Instituto Valenciano de Investigaciones Económicas (IVIE) - 2010
We study a dynamic process where agents in a network interact in a Prisoner’s Dilemma. The network not only mediates interactions, but also information: agents learn from their own experience and that of their neighbors in the network about the past behavior of others. Each agent can only...