CORDIS Project
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This project investigates how people behave in short-term interactions when future partners can observe past behaviors. It aims to characterize stable outcomes in these interactions, focusing on indirect reciprocity and efficiency in social dilemmas, particularly in contexts like online purchasing with feedback mechani…
The existing literature mainly focuses on two kinds of interactions: short-term interactions in which the behavior today does not influence the future, and long-term interactions with the same partner.
In the former model, the only stable outcomes are Nash equilibria (which are typically non-efficient), while the latter model allows one to achieve efficient outcomes.
Many interesting situations lie somewhere in between, typically when people engage in short-term interactions but future partners…
BAR ILAN UNIVERSITY
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