Oberholzer-Gee, Felix; Waldfogel, Joel - Center for Research in Economics, Management and the … - 2003
We analyze the behavior of game-show contestants who play a one-shot game called Friend or Foe. While it is a weakly dominant strategy not to cooperate, almost half the contestants on the show choose to play ?friend.? Remarkably, the behavior of contestants remains uncha nged even when stakes...