The emergence of cooperation through leadership (Q2259411)

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The emergence of cooperation through leadership
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    The emergence of cooperation through leadership (English)
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    4 March 2015
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    This paper provides a characaterization of robust equilibrium outcomes in noisy asynchronous games, in which players repeatedly play a \(2\times 2\) coordination game with random pairwise matching. The main results are formulated for the case, where one player is sufficiently patient, whereas the other players are not so patient.
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    equilibrium selection
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    stochastic stability
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    asynchronous repeated game
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    coordination game
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    risk dominance
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