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We study the coevolution of cooperation, preferences, and cooperative signals in an environment where individuals … in (social norms of) cooperation in societies which are not driven by social or environmental shocks …
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during the early stages of matches is typically superseded by non-cooperation during the latter stages. The propensity for …
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The observability of partners’ past play is known to theoretically improve cooperation in an infinitely repeated … prisoner’s dilemma game under random matching. This paper presents evidence from an incentivized experiment that reputational … information per se may not improve cooperation. A structural estimation suggests that a certain percentage of players act …
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