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We explore the extent to which altruism, as measured by giving in a dictator game (DG), accounts for play in a noisy version of the repeated prisoner’s dilemma. We find that DG giving is correlated with cooperation in the repeated game when no cooperative equilibria exist, but not when...
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satisfied, our results imply that the resulting preferences do not exhibit ex ante fairness. If we do so by replacing certain … fairness may be preserved, but neither the independence axiom nor ex post fairness is satisfied …
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