English

Asymmetric Equilibria in Symmetric Multiplayer Prisoners Dilemma Supergames

Theoretical Economics 2022-05-30 v1

Abstract

We propose a finite automaton-style solution concept for supergames. In our model, we define an equilibrium to be a cycle of state switches and a supergame to be an infinite walk on states of a finite stage game. We show that if the stage game is locally non-cooperative, and the utility function is monotonously decreasing as the number of defective agents increases, the symmetric multiagent prisoners' dilemma supergame must contain one symmetric equilibrium and can contain asymmetric equilibria.

Keywords

Cite

@article{arxiv.2205.13772,
  title  = {Asymmetric Equilibria in Symmetric Multiplayer Prisoners Dilemma Supergames},
  author = {Davidson Cheng},
  journal= {arXiv preprint arXiv:2205.13772},
  year   = {2022}
}

Comments

To appear in the 33rd Stony Brook International Conference on Game Theory