We use experimental methods to investigate whether pledges of commitment can improve cooperation in endogenously … findings show that pledges of commitment alone can increase cooperation and welfare in committed partnerships. The introduction … partnerships fall solely on the individual choosing to break up, pledges of commitment fail to improve cooperation and welfare. …

The observability of partners' past play is known to theoretically improve cooperation in an infinitely repeated … information per se may not improve cooperation. A structural estimation suggests that a certain percentage of players act …

We study how the willingness to enter long-term bilateral relationships affects cooperation even when parties have … little information about each other, ex ante, and cooperation is otherwise unenforceable. We experimentally investigate a … research, longer interactions facilitate cooperation. However, many individuals avoid long-term commitment, with uncooperative …

from one continuation probability to the other. When switching from large to small, transient higher levels of cooperation … are observed in the early games of the small continuation set. Conversely, when switching from small to large, cooperation … probabilities. These asymmetries suggest a bias in favor of cooperation. Finally, we examine the link between altruism and RPD play …

Case studies of cartels and recent theory suggest that repeated communication is key for stable cooperation in … understood. We study cooperation under different monitoring and communication structures in the laboratory. Under all monitoring … monitoring, where actions can only be observed with noise, cooperation is stable only when subjects can communicate before every …

The need for efficient coordination is ubiquitous in organizations and industries. The literature on the determinants … of efficient coordination has focused on individual decision-making so far. In reality, however, teams often have to … coordinate with other teams. We present an experiment with 825 participants, using six different coordination games, where either …

This paper proposes a new communication protocol in coordination games with binary actions and Pareto-ranked equilibria … the payoff-dominant action in the second period if and only if everyone else waited. That is, efficient coordination is … introduction of the delay option significantly promotes efficient coordination …

. Cooperation in such games can be sustained as aNash equilibrium. Besides the efficient cooperative equilibrium there is alsothe … inefficient non-cooperative equilibrium. This paper investigatesexperimentally whether cooperation actually occurs in a simple …

can promote cooperation through a combination of sorting and opportunistic signaling, with late period defections by … remains unclear. In each of six treatments that vary the cooperation premium and the informational basis for reputation …, that with a high cooperation premium and good information, investment in reputation grows across sets of finitely …