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We examine how conditional cooperation is related to the material payoffs in a Sequential Prisoner's Dilemma experiment … the material loss to the first-mover when the second-mover defects in response to cooperation. We find that few second …
Persistent link: https://www.econbiz.de/10013179317
’s material payoff structure affects cooperation is incomplete. In this paper we investigate the effect of variation in material … payoffs on cooperation, focussing on one-shot PD games where efficiency requires mutual cooperation. Following Mengel (2018 … defectors and co-operators respectively, while an index of efficiency captures the gains from cooperation. We conduct two …
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mechanisms for sustaining cooperation. We present a novel intuitive combination of strategies that sustains cooperation in … essentially the unique mechanism to support full cooperation, and it is robust to various perturbations. Finally, we extend the … characterize which observation structure is optimal for sustaining cooperation. …
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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/10014458804
's material payoff structure affects cooperation is incomplete. In this paper we investigate the effect of variation in material … payoffs on cooperation, focusing on one-shot PD games where efficiency requires mutual cooperation. We report results from … our experiments and the complementary analyses is that cooperation in a PD increases with the gains of mutual cooperation …
Persistent link: https://www.econbiz.de/10014493805