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Asymmetric social norms

Author

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  • Camera, Gabriele
  • Gioffré, Alessandro

Abstract

Studies of cooperation in infinitely repeated matching games focus on homogeneous economies, where full cooperation is efficient and any defection is collectively sanctioned. Here we study heterogeneous economies where occasional defections are part of efficient play, and show how to support those outcomes through contagious punishments.

Suggested Citation

  • Camera, Gabriele & Gioffré, Alessandro, 2017. "Asymmetric social norms," Economics Letters, Elsevier, vol. 152(C), pages 27-30.
    • Handle: RePEc:eee:ecolet:v:152:y:2017:i:c:p:27-30
    DOI: 10.1016/j.econlet.2016.12.025
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    References listed on IDEAS

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    1. Matthias Blonski & Giancarlo Spagnolo, 2015. "Prisoners’ other Dilemma," International Journal of Game Theory, Springer;Game Theory Society, vol. 44(1), pages 61-81, February.
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    3. Rubinstein, Ariel, 1979. "Equilibrium in supergames with the overtaking criterion," Journal of Economic Theory, Elsevier, vol. 21(1), pages 1-9, August.
    4. Camera, Gabriele & Gioffré, Alessandro, 2014. "A tractable analysis of contagious equilibria," Journal of Mathematical Economics, Elsevier, vol. 50(C), pages 290-300.
    5. Glenn Ellison, 1994. "Cooperation in the Prisoner's Dilemma with Anonymous Random Matching," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 61(3), pages 567-588.
    6. Michihiro Kandori, 1992. "Social Norms and Community Enforcement," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(1), pages 63-80.
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    More about this item

    Keywords

    Cooperation; Repeated games; Social dilemmas;
    All these keywords.

    JEL classification:

    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory

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