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Cooperation in Stochastic Games : A Prisoner's Dilemma Experiment

Kloosterman, Andrew - 2019

This experiment investigates a stochastic version of the infinitely repeated prisoner's dilemma.The stochastic element introduces the importance of beliefs about the future for supportingcooperation as well as cooperation and defection on the equilibrium path. There is more coop-eration in...

Persistent link: https://www.econbiz.de/10012901149

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