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Article: Using turn taking to achieve intertemporal cooperation and symmetry in infinitely repeated 2 x 2 games

TitleUsing turn taking to achieve intertemporal cooperation and symmetry in infinitely repeated 2 x 2 games
Authors
KeywordsConflict
Coordination
Intertemporal cooperation
Turn taking
Issue Date2012
PublisherSpringer New York LLC. The Journal's web site is located at http://springerlink.metapress.com/openurl.asp?genre=journal&issn=0040-5833
Citation
Theory And Decision, 2012, v. 72 n. 2, p. 167-188 How to Cite?
AbstractTurn taking is observed in many field and laboratory settings captured by various widely studied 2 × 2 games. This article develops a repeated game model that allows us to systematically investigate turn-taking behavior in many 2 × 2 games, including the battle of the sexes, the game of chicken, the game of common-poolresources assignment, and a particular version of the prisoners' dilemma.We consider the "turn taking with independent randomizations" (TTIR) strategy that achieves three objectives: (a) helping the players reach the turn-taking path, (b) resolving the question of who takes the good turn first, and (c) deterring defection.We determine conditions under which there exists a unique TTIR strategy profile that can be supported as a subgame-perfect equilibrium. We also show that there exist conditions under which an increase in the "degree of conflict" of the stage game leads to a decrease in the expected number of periods in reaching the turn-taking path. © The Author(s) 2011.
Persistent Identifierhttp://hdl.handle.net/10722/144911
ISSN
2015 Impact Factor: 0.75
2015 SCImago Journal Rankings: 0.800
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorPaul Lau, SHPen_HK
dc.contributor.authorMui, VLen_HK
dc.date.accessioned2012-02-21T05:42:31Z-
dc.date.available2012-02-21T05:42:31Z-
dc.date.issued2012en_HK
dc.identifier.citationTheory And Decision, 2012, v. 72 n. 2, p. 167-188en_HK
dc.identifier.issn0040-5833en_HK
dc.identifier.urihttp://hdl.handle.net/10722/144911-
dc.description.abstractTurn taking is observed in many field and laboratory settings captured by various widely studied 2 × 2 games. This article develops a repeated game model that allows us to systematically investigate turn-taking behavior in many 2 × 2 games, including the battle of the sexes, the game of chicken, the game of common-poolresources assignment, and a particular version of the prisoners' dilemma.We consider the "turn taking with independent randomizations" (TTIR) strategy that achieves three objectives: (a) helping the players reach the turn-taking path, (b) resolving the question of who takes the good turn first, and (c) deterring defection.We determine conditions under which there exists a unique TTIR strategy profile that can be supported as a subgame-perfect equilibrium. We also show that there exist conditions under which an increase in the "degree of conflict" of the stage game leads to a decrease in the expected number of periods in reaching the turn-taking path. © The Author(s) 2011.en_HK
dc.languageengen_US
dc.publisherSpringer New York LLC. The Journal's web site is located at http://springerlink.metapress.com/openurl.asp?genre=journal&issn=0040-5833en_HK
dc.relation.ispartofTheory and Decisionen_HK
dc.rightsThe Author(s)en_US
dc.rightsCreative Commons: Attribution 3.0 Hong Kong Licenseen_US
dc.subjectConflicten_HK
dc.subjectCoordinationen_HK
dc.subjectIntertemporal cooperationen_HK
dc.subjectTurn takingen_HK
dc.titleUsing turn taking to achieve intertemporal cooperation and symmetry in infinitely repeated 2 x 2 gamesen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4551/resserv?sid=springerlink&genre=article&atitle=Using turn taking to achieve intertemporal cooperation and symmetry in infinitely repeated 2 x 2 games&title=Theory and Decision&issn=00405833&date=2012-02-01&volume=72&issue=2& spage=167&authors=Sau-Him Paul Lau, Vai-Lam Muien_US
dc.identifier.emailPaul Lau, SH: laushp@hkucc.hku.hken_HK
dc.identifier.authorityPaul Lau, SH=rp01073en_HK
dc.description.naturepublished_or_final_versionen_US
dc.identifier.doi10.1007/s11238-011-9249-4en_HK
dc.identifier.scopuseid_2-s2.0-84856733642en_HK
dc.identifier.hkuros206885-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-84856733642&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume72en_HK
dc.identifier.issue2en_HK
dc.identifier.spage167en_HK
dc.identifier.epage188en_HK
dc.identifier.eissn1573-7187en_US
dc.identifier.isiWOS:000299774200002-
dc.publisher.placeUnited Statesen_HK
dc.description.otherSpringer Open Choice, 21 Feb 2012en_US
dc.identifier.scopusauthoridPaul Lau, SH=7401596159en_HK
dc.identifier.scopusauthoridMui, VL=6602214315en_HK
dc.identifier.citeulike9176624-

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