Social norms and choice: a weak folk theorem for repeated matching games |
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| Authors: | Kevin Hasker |
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| Institution: | (1) Economics Department, Bilkent University, 06800 Bilkent, Ankara, Turkey |
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| Abstract: | A folk theorem which holds for all repeated matching games is established. The folk theorem holds any time the stage game
payoffs of any two players are not affinely equivalent. The result is independent of population size and matching rule—including
rules that depend on players choices or the history of play.
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| Keywords: | Repeated games Matching games Social norms Folk theorem |
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