Cooperation in a repeated prisoners' dilemma with ostracism

D Hirshleifer, E Rasmusen - Journal of Economic Behavior & Organization, 1989 - Elsevier
Abstract The unique Nash equilibrium of the finitely repeated n-person Prisoners' Dilemma
calls for defection in all rounds. One way to enforce cooperation in groups is ostracism:
players who defect are expelled. If the group's members prefer not to diminish its size, ...

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