Convergence of Aspirations and (Partial) Cooperation in the Prisoners's Dilemma.

This paper proposes an aspiration-based model of bounded rationality, which is applied to a large-population context where agents are re-matched every period to play a Prisoner's Dilemma.

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Year of publication:	1996
Authors:	Palomino, F. ; Vega, F.
Institutions:	Departament d'Economia i Història Econòmica, Universitat Autònoma de Barcelona
Subject:	GAME THEORY \| INFORMATION

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Series:	UFAE and IAE Working Papers.
Type of publication:	Book / Working Paper
Notes:	23 pages
Classification:	D64 - Altruism ; D83 - Search, Learning, Information and Knowledge
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005572223