建立惯例:学习、合作与不完全关系契约的动态

Building Routines: Learning, Cooperation, and the Dynamics of Incomplete Relational Contracts

American Economic Review · 2010
被引 138
人大 A+FT50ABS 4*

中文导读

研究利益冲突的代理人如何在合作细节非共同知识时学会合作,发现不完全信息下通过惩罚建立惯例,且有效均衡可能路径依赖。

Abstract

This paper studies how agents with conflicting interests learn to cooperate when the details of cooperation are not common knowledge. It considers a repeated game in which one player has incomplete information about when and how her partner can provide benefits. Initially, monitoring is imperfect and cooperation requires inefficient punishment. As the players' common history grows, the uninformed player can learn to monitor her partner's actions, which allows players to establish more efficient cooperative routines. Because revealing information is costly, it may be optimal not to reveal all the existing information, and efficient equilibria can be path-dependent.

不完全契约关系契约组织惯例路径依赖