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This course examines how future rewards and punishments shape behavior in repeated games. It covers cooperation and defection, end-game unraveling, renegotiation, bankruptcy laws, and the grim trigger strategy.
Syllabus
- Chapter 1. Repeated Interaction: Cooperation versus Defection in the Prisoner's Dilemma.
- Chapter 2. Repeated Interaction: The Breakdown of Cooperation and The Lame Duck Effect.
- Chapter 3. Repeated Interaction: Renegotiation.
- Chapter 4. Failure of Renegotiation: Bankruptcy Laws.
- Chapter 5. Repeated Interaction: The Grim Trigger Strategy.
Taught by
YaleCourses