Revealed reputations in the finitely repeated prisoners' dilemma

被引:12
|
作者
Cox, Caleb A. [1 ]
Jones, Matthew T. [2 ]
Pflum, Kevin E. [3 ]
Healy, Paul J. [4 ]
机构
[1] Univ Durham, Sch Business, Durham DH1 3LB, England
[2] Fed Trade Commiss, Washington, DC 20580 USA
[3] Univ Alabama, Tuscaloosa, AL 35487 USA
[4] Ohio State Univ, Columbus, OH 43210 USA
基金
美国国家科学基金会;
关键词
Prisoners' dilemma; Finitely repeated games; Cooperation; Reputation-building; CHI-SQUARED TESTS; RATIONAL COOPERATION; GAMES; UNCERTAINTY; STRATEGIES; STRANGERS; TRUST; PLAY;
D O I
10.1007/s00199-015-0863-1
中图分类号
F [经济];
学科分类号
02 ;
摘要
In a sequential-move, finitely repeated prisoners' dilemma game (FRPD), cooperation can be sustained if the first-mover believes her opponent might be a behavioral type who plays a tit-for-tat strategy in every period. We test this theory by revealing second-mover histories from an earlier FRPD experiment to their current opponent. Despite eliminating the possibility of reputation-building, aggregate cooperation actually increases when histories are revealed. Cooperative histories lead to increased trust, but negative histories do not cause decreased trust. We develop a behavioral model to explain these findings.
引用
收藏
页码:441 / 484
页数:44
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