Community Enforcement with Endogenous Records
研究了匿名随机匹配的重复博弈中,玩家可增减记录信号,这种操纵能力限制了合作,合作能否持续取决于玩家寿命、行动互补或替代性以及操纵形式。
Abstract I study repeated games with anonymous random matching where players can add or remove signals from their records. The ability to manipulate records introduces monotonicity constraints on players’ continuation values, under which sufficiently long-lived players will almost never cooperate. When players’ expected lifespans are intermediate, their ability to sustain cooperation depends on (i) whether their actions are complements or substitutes and (ii) whether manipulation takes the form of adding or removing signals.