The absent-minded prisoner
Abstract
If one of two rational players is absent-minded for at least three rounds, cooperation in a prisoners dilemma with a finite number of repetitions is possible. If both players are absentminded, even two rounds of absent-mindedness can be enough for cooperation in these rounds and all rounds before. Sufficient conditions for the existence of a cooperative equilibrium are derived, a plausible interpretation of absent-mindedness in the case of many repetitions is given. --Download Info
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.Bibliographic Info
Paper provided by Ernst Moritz Arndt University of Greifswald, Faculty of Law and Economics in its series Wirtschaftswissenschaftliche Diskussionspapiere with number 14/1998.Length:
Date of creation: 1998
Date of revision:
Handle: RePEc:zbw:grewdp:141998
Contact details of provider:
Postal: Friedrich-Loeffler-Str. 70 - 17489 Greifswald
Phone: (03834) - 86-2452
Fax: (03834) 86-2451
Web page: http://www.rsf.uni-greifswald.de/meta/english.html
More information through EDIRC
Related research
Keywords: absent-mindedness; prisoners dilemma; repeated games;Other versions of this item:
- Alexander Dilger, 2006. "The absent-minded prisoner," Spanish Economic Review, Springer, vol. 8(4), pages 301-315, December.
- C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- U. Dulleck & J. Oechssler, 1996.
"The Absent-Minded Centipede,"
SFB 373 Discussion Papers
1996,98, Humboldt University of Berlin, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes.
- Dulleck, Uwe & Oechssler, Jorg, 1997. "The absent-minded centipede," Economics Letters, Elsevier, vol. 55(3), pages 309-315, September.
- Rubinstein, Ariel, 1995.
"On the Interpretation of Decision Problems with Imperfect Recall,"
Mathematical Social Sciences,
Elsevier, vol. 30(3), pages 324-324, December.
- Piccione, Michele & Rubinstein, Ariel, 1997. "On the Interpretation of Decision Problems with Imperfect Recall," Games and Economic Behavior, Elsevier, vol. 20(1), pages 3-24, July.
- Aumann, Robert J. & Hart, Sergiu & Perry, Motty, 1997. "The Absent-Minded Driver," Games and Economic Behavior, Elsevier, vol. 20(1), pages 102-116, July.
- Kreps, David M. & Milgrom, Paul & Roberts, John & Wilson, Robert, 1982.
"Rational cooperation in the finitely repeated prisoners' dilemma,"
Journal of Economic Theory,
Elsevier, vol. 27(2), pages 245-252, August.
- David Kreps & Paul Milgrom & John Roberts & Bob Wilson, 2010. "Rational Cooperation in the Finitely Repeated Prisoners' Dilemma," Levine's Working Paper Archive 239, David K. Levine.
- Piccione, Michele & Rubinstein, Ariel, 1997.
"The Absent-Minded Driver's Paradox: Synthesis and Responses,"
Games and Economic Behavior,
Elsevier, vol. 20(1), pages 121-130, July.
- Piccione, M. & Rubinstein, A., 1996. "The Absent Minded Driver's Paradox: Synthesis and Responses," Papers 39-96, Tel Aviv.
- Aumann, Robert J. & Hart, Sergiu & Perry, Motty, 1997. "The Forgetful Passenger," Games and Economic Behavior, Elsevier, vol. 20(1), pages 117-120, July.
- Lipman, Barton L., 1997. "More Absentmindedness," Games and Economic Behavior, Elsevier, vol. 20(1), pages 97-101, July.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- José Luis Ferreira & Praveen Kujal & Stephen Rassenti, 2009.
"The strategic motive to sell forward: experimental evidence,"
Economics Working Papers
we092616, Universidad Carlos III, Departamento de Economía.
- Ferreira, José Luis & Kujal, Praveen & Rassenti, Stephen, . "The strategic motive to sell forward: experimental evidence," Open Access publications from Universidad Carlos III de Madrid info:hdl:10016/4022, Universidad Carlos III de Madrid.
Lists
This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.Statistics
Access and download statisticsCorrections
When requesting a correction, please mention this item's handle: RePEc:zbw:grewdp:141998For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (ZBW - German National Library of Economics).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.