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On the centipede game with a social norm

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  • Khan, M. Ali
  • Yu, Haomiao
  • Zhang, Zhixiang

Abstract

In this paper, we present a formulation of the centipede game where inter-subjectivity between players is formalized through random costs that are an increasing function, in the sense of first-order stochastic dominance, of the number of iterations for which the game is played. This injection of a time-dependent social norm, one that also parametrizes player proximity, as an element of each player’s introspective calculations formalizes a setting under which subgame perfection dictates cooperative outcomes.

Suggested Citation

  • Khan, M. Ali & Yu, Haomiao & Zhang, Zhixiang, 2015. "On the centipede game with a social norm," Mathematical Social Sciences, Elsevier, vol. 75(C), pages 16-19.
    • Handle: RePEc:eee:matsoc:v:75:y:2015:i:c:p:16-19
    DOI: 10.1016/j.mathsocsci.2015.02.001
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    References listed on IDEAS

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