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in a signaling-extended prisoner's dilemma. We identify a new type of evolutionary equilibrium - a transitional … behavior, preferences, and signaling. We thereby offer an explanation for persistent regularities observed in laboratory and … signaling costs between 'conditional cooperators' and 'opportunists.' Indeed, and quite surprisingly, a transitional equilibrium …
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engage in a signaling-extended prisoner's dilemma. We prove the existence of a cooperative equilibrium constituted by a (set …, preferences, and signaling. We thereby offer an explanation for the persistent regularities observed in laboratory and field data …
Persistent link: https://www.econbiz.de/10012868653
We investigate the credibility of non-binding pre-play statements about cooperative behavior, using data from a high-stakes TV game show in which contestants play a variant on the classic Prisoner's Dilemma. We depart from the conventional binary approach of classifying statements as promises or...
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engage in a signaling-extended prisoner's dilemma. We prove the existence of a cooperative equilibrium constituted by a (set …, preferences, and signaling. We thereby offer an explanation for the persistent regularities observed in laboratory and field data …
Persistent link: https://www.econbiz.de/10012018665
A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A solution for TU-games assigns a set of payoff vectors to every TU-game. Some solutions that are based on distributing...
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