Now showing items 1-2 of 2

    • Ambiguity and long-run cooperation 

      Rojas Olivares, Marcos; Vergara Domínguez, Damián (Universidad de Chile, Facultad de Economía y Negocios, 2015-12)
      This paper studies the effects of ambiguity on long-run cooperation, by analyzing the infinitely repeated Prisoner’s Dilemma and its application to Cournot’s duopoly model. We show that ambiguity decreases the likelihood ...
    • Ambiguity is Detrimental for Long-Run Cooperation 

      Rojas, Marco; Vergara, Damián (Universidad de Chile, Facultad de Economía y Negocios, 2016)
      Why agents cooperate is an old question that has been widely studied in economics, as well as in other disciplines. In economics, the focus has been mainly put in analyzing whether cooperative behaviors may arise from ...