Article ID Journal Published Year Pages File Type
9549205 Economics Letters 2005 7 Pages PDF
Abstract
This paper studies informational partnerships in a repeated prisoner's dilemma with random matching. Assuming that players observe the play within but not across partnerships, we find the surprising result that the relation between the observability of actions and the sustainability of cooperation is non-monotonic. Increasing partnerships beyond a certain optimal size hardens cooperation although it improves observability.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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