Fujiwara-Greve, Takako; Okuno-Fujiwara, Masahiro - Tokyo Center for Economic Research (TCER) - 2013
In the literature of voluntarily repeated Prisoner's Dilemma, the focus is on how long-term cooperation is established, when newly matched partners cannot know the past actions of each other. In this paper we investigate how non-cooperative and cooperative players co-exist. In many incomplete...