This paper investigates how the introduction of social preferences affects players’ equilibrium behavior in both the one-shot and the infinitely repeated version of the Prisoner’s Dilemma game. We show that fairness concerns operate as a ”substitute” for time discounting in the...

This textbook presents worked-out exercises on game theory with detailed step-by-step explanations. While most textbooks on game theory focus on theoretical results, this book focuses on providing practical examples in which students can learn to systematically apply theoretical solution...

Chapter 1: Dominance Solvable Games -- Chapter 2: Pure Strategy Nash equilibrium and Simultaneous-move games with complete information -- Chapter 3: Mixed Strategies, Strictly competitive games, and Correlated Equilibria -- Chapter 4: Sequential-move games with complete information -- Chapter 5:...