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Sociology x Game Theory and Bargaining Theory x clear all

History, Expectations, and Leadership in the Evolution of Social Norms

Daron Acemoglu and Matthew O. Jackson.

in The Review of Economic Studies

April 2015; p ublished online December 2014 .

Journal Article. Subjects: Game Theory and Bargaining Theory; Capitalist Systems; Economic Sociology; Analysis of Collective Decision-making. 19052 words.

We study the evolution of a social norm of “cooperation” in a dynamic environment. Each agent lives for two periods and interacts with agents from the previous and next generations via a...

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