Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9549205 | Economics Letters | 2005 | 7 Pages |
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
Marc Möller,