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...
Main Authors: | Clark, Daniel (Author), Fudenberg, Drew (Author), Wolitzky, Alexander (Author) |
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Format: | Article |
Language: | English |
Published: |
Oxford University Press (OUP),
2022-08-26T18:23:05Z.
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Subjects: | |
Online Access: | Get fulltext |
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