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can promote cooperation through a combination of sorting and opportunistic signaling, with late period defections by … remains unclear. In each of six treatments that vary the cooperation premium and the informational basis for reputation …, that with a high cooperation premium and good information, investment in reputation grows across sets of finitely …
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. For this purpose, we develop an infinitely repeated rent-seeking model with two groups where within-group cooperation is … then characterize the conditions under which cooperation among fellow members within each group can be achieved as a … stationary subgame perfect equilibrium. The main conclusion is that the larger group has more chances to maintain cooperation …
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of a Prisoner's Dilemma game. When time preferences are heterogeneous and bounded away from one, how "much" cooperation … can be achieved by an ongoing group? How does group cooperation vary with the group's size and structure? For an arbitrary … distribution of discount factors, we characterize the maximal average co-operation (MAC) likelihood of this game. The MAC …
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of a Prisoner' Dilemma game. When time preferences are heterogeneous and bounded away from one, how "much" cooperation … can be achieved by an ongoing group? How does group cooperation vary with the group' size and structure? For an arbitrary … distribution of discount factors, we characterize the maximal average co-operation (MAC) likelihood of this game. The MAC …
Persistent link: https://www.econbiz.de/10014107505