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ranging stakes averaging over $20,000. Cooperation is surprisingly high for amounts that would normally be considered … cooperation in our sample. That is, players do not seem to be more likely to cooperate if their opponent might be expected to …
Persistent link: https://www.econbiz.de/10010990533
random from the neighbors of the punished agent. It is found that the promotion of cooperation is attributed to the entangled … extensive numerical simulations. Our results to some extent reflect the underlying mechanism promoting cooperation. …
Persistent link: https://www.econbiz.de/10010873458
its rival’s willingness to cooperate. We study the prospects for cooperation given the need for the firm to learn the … environment and its rival’s output. We show how profit and cooperation rates are affected by the sizes of both firms, their … willingness to cooperate, and by environmental complexity. In addition, we investigate equilibrium firm size and cooperation rates. …
Persistent link: https://www.econbiz.de/10010929050
, the less likely cooperation will be. …
Persistent link: https://www.econbiz.de/10011255944
cooperate when either one of these mechanisms is allowed. In agreement with theory, subjects aiming for cooperation choose …We consider the possibility that cooperation in a prisoner's dilemma is fostered by people's voluntarily enhancement of … higher vulnerability levels in Gradual than in Leap, which maps into higher mutual cooperation levels. …
Persistent link: https://www.econbiz.de/10011255969
Experimental evidence suggest that people only use 1-3 iterations of strategic reasoning, and that some people systematically use less iterations than others. In this paper, we present a novel evolutionary foundation for these stylized facts. In our model, agents interact in finitely repeated...
Persistent link: https://www.econbiz.de/10011258924
Experimental evidence suggest that people only use 1-3 iterations of strategic reasoning, and that some people systematically use less iterations than others. In this paper, we present a novel evolutionary foundation for these stylized facts. In our model, agents interact in finitely repeated...
Persistent link: https://www.econbiz.de/10011259605
to play the prisoner's dilemma game enhances cooperation, (iii) if the payoff for simultaneous defection is negative …
Persistent link: https://www.econbiz.de/10005248451
even enhance the effect of cooperation. …
Persistent link: https://www.econbiz.de/10005080969
behavior. I show that for a large class of parameters cooperation will emerge if the population is large; if the population is … population, the less likely cooperation will be. <BR><BR> …
Persistent link: https://www.econbiz.de/10005144493