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Cooperation And Wealth

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Author Info
Stark, Oded
Abstract

We calculate the equilibrium fraction of cooperators in a population in which payoffs accrue from playing a single-shot prisoner’s dilemma game. Individuals who are hardwired as cooperators or defectors are randomly matched into pairs, and cooperators are able to perfectly find out the type of a partner to a game by incurring a recognition cost. We show that the equilibrium fraction of cooperators relates negatively to the population’s level of wealth.

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Publisher Info
Paper provided by University of Bonn, Center for Development Research (ZEF) in its series Discussion Papers with number 18763.

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Date of creation: 2003
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Handle: RePEc:ags:ubzefd:18763

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Keywords: Research Methods/ Statistical Methods;

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This page was last updated on 2009-12-11.

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