In this paper, we formulate the problem of cooperation in a dynamic framework. The model proposed interrelates the dynamics of a joint production activity involving two players and the dynamics of a common monitoring activity of individual contributions of the two players. Analysis of the existence of a stationary equilibrium leads to a set of predictions on the long run outcome of cooperation, given initial conditions.
EL OUARDIGHI, F. (2000). The Dynamics of Cooperation. ESSEC Business School.