Record-Keeping and Cooperation in Large Societies

<jats:title>Abstract</jats:title> <jats:p>We introduce a new model of repeated games in large populations with random matching, overlapping generations, and limited records of past play. We prove that steady-state equilibria exist under general conditions on records. When the updat...

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Bibliographic Details
Main Authors: Clark, Daniel (Author), Fudenberg, Drew (Author), Wolitzky, Alexander (Author)
Format: Article
Language:English
Published: Oxford University Press (OUP), 2022-08-26T18:23:05Z.
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