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We study prisoner’s dilemmas played in continuous time with flow payoffs over 60 seconds. In most cases, the median rate of mutual cooperation rises to 90% or more. Control sessions with 8-time repeated matchings achieve less than half as much cooperation, and cooperation rates...
Persistent link: https://www.econbiz.de/10011130581
This paper experimentally explores how the enforcement of cooperative behavior in a social dilemma is facilitated through institutional as well as emotional mechanisms. Recent studies emphasize the importance of negatively valued emotions, such as anger, which motivate individuals to punish free...
Persistent link: https://www.econbiz.de/10011346451
Motivated by recent examples of collective effort on the war on terror, we examine the incentives that retaliation may …-specific benefits from retaliation enjoyed by each coalition member, the relatively lower spillover benefit from retaliation enjoyed by … the anticipated backlash from retaliation, which targets coalition members only. …
Persistent link: https://www.econbiz.de/10013171770
This essay offers an exposition of the potential uses of game theoretic reasoning and mathematical models in the study of the prevention of nuclear war.
Persistent link: https://www.econbiz.de/10005249153
Extending the power-to-take game, we explore the impact of two forces that may shape retaliation. In our 2x2 design, i … destroying their own endowment in retaliation, the responders can destroy the proposer's endowment. Although these added options …
Persistent link: https://www.econbiz.de/10014331767
This paper analyzes the dynamic stability of moral codes in a two population trust game. Guided by a moral code, members of one population, the Trustors, are willing to punish members of the other population, the Trustees, who defect. Under replicator dynamics, adherence to the moral code has...
Persistent link: https://www.econbiz.de/10011316645
Second price allpay auctions (wars of attritions) have an evolutionarily stable equilibrium in pure strategies if valuations are private information. I show that for any level of uncertainty there exists a pure deviation strategy close to the equilibrium strategy such that for some valuations...
Persistent link: https://www.econbiz.de/10009748253
Persistent link: https://www.econbiz.de/10009663477
This paper considers evolutionarily stable decisions about whether to initiate violent conflict rather than accepting a peaceful sharing outcome. Focusing on small sets of players such as countries in a geographically confined area, we use Schaffer's (1988) concept of evolutionary stability. We...
Persistent link: https://www.econbiz.de/10010198498
In a semi-aggregative representation of a game, the payoff of a player depends on a player's own strategy and on a personalized aggregate of all players' strategies. Suppose that each player has a conjecture about the reaction of the personalized aggregate to a change in the player's own...
Persistent link: https://www.econbiz.de/10011504952