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Labor union members play an OLG repeated game

Humans are capable of cooperating with one another even when it is costly and a deviation provides an immediate gain. An important reason is that cooperation is reciprocated or rewarded and deviations are penalized in later stages. For cooperation to be sustainable, not only must rewards and penalti...

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Autori principali: Kandori, Michihiro, Obayashi, Shinya
Natura: Artigo
Lingua:Inglês
Pubblicazione: National Academy of Sciences 2014
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Accesso online:https://ncbi.nlm.nih.gov/pmc/articles/PMC4113928/
https://ncbi.nlm.nih.gov/pubmed/25024211
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1073/pnas.1400827111
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