Bigoni, Maria; Casari, Marco; Skrzypacz, Andrzej; … - Istituto Einaudi per l'Economia e la Finanza (EIEF) - 2011
We study interactions with different durations and termination rules in a (quasi) continuous-time prisoner’s dilemma experiment. We find that cooperation is easier to achieve and sustain with deterministic horizons than with stochastic ones; end-game effects emerge, but subjects postpone them...