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.
The folk theorem in repeated games with anony- mous random matching.Econometrica, 88(3):917–964
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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.