S-WoPEc
 
Scandinavian Working Papers in Economics
HomeAboutSeriesSubject/JEL codesAdvanced Search
The Economic Research Institute, Stockholm School of Economics SSE/EFI Working Paper Series in Economics and Finance

No 167:
Rationality, Transparency, and Evolutionary Selection

Karl Wärneryd ()

Abstract: We discuss attempts to justify conditional cooperation in the Prisoners’ Dilemma based on the idea of identifying an opponent’s strategy. We note that the concept of such complete transparency of decision procedures is logically inconsistent. Furthermore, we observe that attempts to justify indirect transparency on evolutionary grounds, by the development of physical characteristics that signal behavior, must fail. Finally, we suggest a model of partial transparency that is logically consistent and generates conditional cooperation.

Keywords: Rationality; evolution; cooperation; transparency; (follow links to similar papers)

JEL-Codes: C72; (follow links to similar papers)

13 pages, April 1997

Download Statistics



Questions (including download problems) about the papers in this series should be directed to Helena Lundin ()
Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design by Joachim Ekebom

Handle: RePEc:hhs:hastef:0167 This page was generated on 2014-12-14 19:22:52