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Yale University

Repeated Games: Cheating, Punishment, and Outsourcing - Game Theory Lecture 22

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Overview

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This course examines how cooperation can be sustained in repeated interactions through credible punishment strategies, including grim trigger and one-period punishment. It applies these ideas to repeated moral hazard in outsourcing.

Syllabus

- Chapter 1. Repeated Interaction: The Grim Trigger Strategy in the Prisoner's Dilemma (Continued).
- Chapter 2. The Grim Trigger Strategy: Generalization and Real World Examples.
- Chapter 3. Cooperation in Repeated Interactions: The "One Period Punishment" Strategy.
- Chapter 4. Cooperation in Repeated Interactions: Repeated Moral Hazard.
- Chapter 5. Cooperation in Repeated Interactions: Conclusions.

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