Marco Casari

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a r t i c l e i n f o a b s t r a c t JEL classification: C90 C70 D80 Keywords: Folk Theorem Repeated games Equilibrium selection Finite automata Social dilemma Random matching We study cooperation in economies of indefinite duration. Participants faced a sequence of prisoner's dilemmas with anonymous opponents. We identify and characterize the strategies(More)
After recent earthquakes in the U.S. and Japan, the rebuilding of the gas, road, and electric power networks that constitute the lifelines infrastructure has shown that large welfare gains can be achieved by reshaping current emergency plans as incentive-compatible contracts with lifelines service providers. This report presents a class of mechanisms for(More)
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