Schneider, Frédéric; Weber, Roberto A. - Institut für Volkswirtschaftslehre, … - 2013
We study how the willingness to enter long-term bilateral relationships affects cooperation even when parties have … little information about each other, ex ante, and cooperation is otherwise unenforceable. We experimentally investigate a … research, longer interactions facilitate cooperation. However, many individuals avoid long-term commitment, with uncooperative …