Kusakawa, Takao; Ogawa, Kazuhito; Shichijo, Tatsuhiro - In: Economics Letters 117 (2012) 3, pp. 704-707
We experimentally study the effect of a third-person enforcement on a one-shot prisoner’s dilemma game played by two persons, with whom the third person plays repeated prisoner’s dilemma games. We find that when the third person can observe these two persons’ play, the possibility of the...