Fudenberg, Drew

Noise-Tolerant Community Enforcement and the Strength of Small Stakes - American Economic Review: Insights 2024 - 509-525

We study community enforcement in a large population with noisy monitoring. We focus on equilibria in the prisoner's dilemma that are coordination proof, meaning that matched partners never play a Pareto-dominated Nash equilibrium in the one-shot game ind

2640-205X


Bargaining Theory
Economic Anthropology
Evolutionary Games
Noncooperative Games
Social and Economic Stratification
Economic Sociology