Date of This Version
June 2007
Abstract
Linking of repeated games and exchange of concessions in fields of relative strength may lead to more cooperation and to Pareto improvements relative to the situation where each game is played separately. In this paper we formalize these statements, provide some general results concerning the conditions for more cooperation and Pareto improvements to materialize or not and analyze the relation between both. Special attention is paid to the role of asymmetries.
Recommended Citation
von Mouche, Pierre and Folmer, Henk, "Linking of repeated games. When does it lead to more cooperation and Pareto improvements?" (June 07, 2007). Fondazione Eni Enrico Mattei Working Papers. Paper 19.
https://services.bepress.com/feem/paper19
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