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Imitation and selective matching in reputational games

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  • Thierry Vignolo

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Abstract

This paper investigates imitation and selective matching in reputational games with an outside option. We identify two classes of such games, which are ultimatum and trust games. By selective matching we mean that short-runplayers have the possibility of selecting the long-run player they play against. We find that selective matching (unlike random matching) favors the equilibrium associated to reputation in the ultimatum game but not in the trust game.

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File URL: http://hdl.handle.net/10.1007/s00191-009-0156-6
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Bibliographic Info

Article provided by Springer in its journal Journal of Evolutionary Economics.

Volume (Year): 20 (2010)
Issue (Month): 3 (June)
Pages: 395-412

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Handle: RePEc:spr:joevec:v:20:y:2010:i:3:p:395-412

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Related research

Keywords: Reputation; Long-run equilibria; Selective matching; Games with an outside option; C72; C73; L1;

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References

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  1. Robson, Arthur J. & Vega-Redondo, Fernando, 1996. "Efficient Equilibrium Selection in Evolutionary Games with Random Matching," Journal of Economic Theory, Elsevier, vol. 70(1), pages 65-92, July.
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Cited by:
  1. Matthias Greiff, 2013. "Rewards and the private provision of public goods on dynamic networks," Journal of Evolutionary Economics, Springer, vol. 23(5), pages 1001-1021, November.

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