Economic and Game Theory
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I'm currently wondering in how far cooperation games can be transformed into coordination games.
More precisely: To attain a better outcome, is it either possible
a) to make some changes WITHIN the game (e.g. sometimes it is said cooperation is possible in the Prisoners Dilemma, if the game is repeated; however I wonder if it is then still a Prisoners Dilemma?)
b) to change the game structure that in fact it is a new game (e.g. to transform a PD into a some form of coordination game)
Any help, remarks or whatsoever are highly appreciated!
Caroline [Manage messages]