Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
972527 | Mathematical Social Sciences | 2015 | 4 Pages |
Abstract
•We present a reformulation of the centipede game.•The reformulation hinges on a time-dependent social norm and on player proximity.•We present sufficient conditions for subgame perfection to dictate cooperative outcomes.
In this paper, we present a formulation of the centipede game where inter-subjectivity between players is formalized through random costs that are an increasing function, in the sense of first-order stochastic dominance, of the number of iterations for which the game is played. This injection of a time-dependent social norm, one that also parametrizes player proximity, as an element of each player’s introspective calculations formalizes a setting under which subgame perfection dictates cooperative outcomes.
Related Topics
Physical Sciences and Engineering
Mathematics
Applied Mathematics
Authors
M. Ali Khan, Haomiao Yu, Zhixiang Zhang,