The Absent-Minded Prisoner

Dilger Alexander


Zusammenfassung
If one of two rational players is absent-minded for at least three rounds, cooperation in a prisoners’ dilemma with a finite number of repetitions is possible. If both players are absent-minded, even two rounds of absent-mindedness can be enough for cooperation in these rounds and all rounds before. Sufficient conditions for the existence of a cooperative equilibrium are derived, a plausible interpretation of absent-mindedness in the case of many repetitions is given.



Publikationstyp
Forschungsartikel (Zeitschrift)

Begutachtet
Ja

Publikationsstatus
Veröffentlicht

Jahr
2006

Fachzeitschrift
Spanish Economic Review

Band
8

Ausgabe
4

Erste Seite
301

Letzte Seite
315

Sprache
Englisch

ISSN
1435-5469

DOI

Gesamter Text