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We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched pairs play an infinitely repeated Prisoner's Dilemma. Higher matching efficiency is usually considered detrimental as it creates stronger incentives for defection. We point out,...
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We investigate the welfare effect of increasing competition in an anonymous two-sided matching market, where matched pairs play an infinitely repeated Prisoner's Dilemma. Higher matching efficiency is usually considered detrimental as it creates stronger incentives for defection. We point out,...
Persistent link: https://www.econbiz.de/10013331070
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cooperation in a subsequent social dilemma game. The issues we study are part of the broader topic of whether there are behavioral … cooperation for pairs of market-winners, market-losers and mixed pairs and study both the cases where interaction in the social … experience has adverse effects on the efficiency of cooperation on both market-winner and market-loser pairs. In market …
Persistent link: https://www.econbiz.de/10011414636
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effects of participation in markets on non-market activities requiring cooperation. In our setup, market interaction takes …-Strangers. We compare the efficiency of cooperation with and without market experience controlling for earnings, allowing us to … effect on cooperation efficiency in Market-Partners, that is among those who had to compete with each other on on the same …
Persistent link: https://www.econbiz.de/10012970051