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We report on an experiment examining behavior and equilibrium selection in two similar, infinitely repeated games, Stag …
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Case studies of cartels and recent theory suggest that repeated communication is key for stable cooperation in …
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experiment. We ask subjects to design strategies that will play in their place. We find that eliciting strategies has negligible … 'Gefangenendilemma' zu identifizieren. Die Teilnehmer werden gebeten, Strategien zu entwerfen, die an ihrer Stelle spielen sollen. Dabei …
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We study environments in which agents are randomly matched to play a Prisoner's Dilemma, and each player observes a few of the partner's past actions against previous opponents. We depart from the existing related literature by allowing a small fraction of the population to be commitment types....
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