Friend or Foe? Cooperation and Learning in High-Stakes Games
AbstractWhy do people frequently cooperate in defiance of their immediate incentives? One explanation is that individuals are conditionally cooperative. As an explanation of behavior in one-shot settings, such preferences require individuals to be able to discern their opponents' preferences. Using data from a television game show, we provide evidence about how individuals implement conditionally cooperative preferences. We show that contestants forgo large sums of money to be cooperative; they cooperate at heightened levels when their opponents are predictably cooperative; and they fare worse when their observable characteristics predict less cooperation because opponents avoid cooperating with them. © 2010 The President and Fellows of Harvard College and the Massachusetts Institute of Technology.
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Bibliographic InfoArticle provided by MIT Press in its journal The Review of Economics and Statistics.
Volume (Year): 92 (2010)
Issue (Month): 1 (February)
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- Grätz, Silvia & Darai, Donja, 2011.
"Determinants of Successful Cooperation in a Face-to-Face Social Dilemma,"
Annual Conference 2011 (Frankfurt, Main): The Order of the World Economy - Lessons from the Crisis
48702, Verein für Socialpolitik / German Economic Association.
- Donja Darai & Silvia Grätz, 2010. "Determinants of Successful Cooperation in a Face-to-Face Social Dilemma," SOI - Working Papers 1006, Socioeconomic Institute - University of Zurich, revised Nov 2010.
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