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Cooperating Through Leaders

Title: Cooperating Through Leaders
Authors: Levine, David; Modica, Salvatore; Rustichini, Aldo
Source: Levine, D, Modica, S & Rustichini, A 2026, 'Cooperating Through Leaders', Economic Journal. https://doi.org/10.1093/ej/ueag027
Publication Year: 2026
Subject Terms: leaders; game theory
Description: We model conflict as a prisoner's dilemma between two groups represented by leaders: two group leaders who share group preferences and a common leader concerned with overall welfare. Leaders make recommendations and promises, and face penalties for unfullled commitments. A common leader who can be punished adequately and moves last induces cooperation. When the common leader does not move last, cooperation can still emerge with high probability provided the group leaders face large penalties for broken promises. The model highlights accountability and timing as key mechanisms sustaining cooperation between groups.
Document Type: article in journal/newspaper
File Description: application/pdf
Language: English
ISSN: 0013-0133; 1468-0297
Relation: info:eu-repo/semantics/altIdentifier/pissn/0013-0133; info:eu-repo/semantics/altIdentifier/eissn/1468-0297
DOI: 10.1093/ej/ueag027
Availability: https://rhul.elsevierpure.com/en/publications/b96df35c-7208-4e7f-a9c0-a4fec56e6dcc; https://doi.org/10.1093/ej/ueag027; https://pure.royalholloway.ac.uk/ws/files/71566144/refs411694000000000112.pdf
Rights: info:eu-repo/semantics/openAccess ; http://creativecommons.org/licenses/by/4.0/
Accession Number: edsbas.76FCE09A
Database: BASE