The emergence of cooperation through leadership (Q2259411)
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English | 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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