课外阅读:《The Evolution of Cooperation》 Axelrod和Hamilton(1981)通过重复博弈囚徒困境实验,结果表明:K期触发策略最优,具有:清晰、善意、报复性和宽恕性 ——Robert Axelrod; William D. Hamilton. The Evolution of Cooperation, Science, Vol. 211, No. 4489. (Mar. 27, 1981), pp. 1390-1396. 思考:如果双方的贴现率不相等δ1≠ δ2 (1)为啥不相等?(2)出现啥新结果? When players have different discount factors, possibly reflecting the players’ heterogeneous time preferences or different access to capital markets, the feasible payoff set of a repeated game is generally larger than the convex hull of the underlying stage-game payoffs, because unequal discounting enables the players to tra
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