A folk theorem for LLMs proves that all feasible and individually rational outcomes can be sustained as ε-equilibria in repeated games where LLMs advise client populations, despite indirect observation.
Cooperation in the prisoner’s dilemma with anonymous random matching.The Review of Economic Studies, 61(3):567–588
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Sustaining Cooperation in Populations Guided by AI: A Folk Theorem for LLMs
A folk theorem for LLMs proves that all feasible and individually rational outcomes can be sustained as ε-equilibria in repeated games where LLMs advise client populations, despite indirect observation.