Kritikos, Alexander S.; Tan, Jonathan H. W. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009
"; the agent receives the completing half after delivering the service. By forward induction, cooperation is incentive …-compatibly self-enforcing. The indenture performs very well, inducing a significantly higher level of cooperation than that in a three …-stage centipede game, which we use to benchmark the natural rate of cooperation. The difference between cooperation rates in both …