Indirect Reciprocity, Golden Opportunities for Defection, and Inclusive Reputation

In evolutionary models of indirect reciprocity, reputation mechanisms can stabilize cooperation even in severe cooperation problems like the prisoner’s dilemma. Under certain circumstances, conditionally cooperative strategies (“cooperate iff your partner has a good reputation”) cannot be invaded by...

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Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 29-2013)
Main Authors:	Albert, Max, Rusch, Hannes
Format:	Article
Language:	English
Published:	Philipps-Universität Marburg 2013
Subjects:	Wirtschaft conditional cooperation repeated prisoner’s dilemma evolutionary game theory backward induction opportunism; Economics
Online Access:	PDF Full Text
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