Duffy, John; Muñoz-García, Félix - In: Games 3 (2012) 1, pp. 56-77
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 infinitely repeated game, as fairness helps sustain cooperation for lower discount … a combination of time and social preferences (fairness). …
