Rational Cooperation in the finitely repeated prisoner's dilemma: experimental evidence
AbstractThis paper presents experiments designed to examine the sequential equilibrium reputation hypothesis in the finitely repeated prisoner's dilemma. The authors test the hypothesis by controlling the subjects' ability to build reputations and by manipulating their beliefs that their opponent is irrational or altruistic. The responses of subjects strongly support the sequential equilibrium prediction. The results also suggest an important role for 'homemade altruism,' that is, a natural tendency to cooperate that subjects bring to the experiment from the outside. The authors find that there may be no difference between the beliefs that an opponent is altruistic and the actual chance it is so. Copyright 1993 by Royal Economic Society.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by David K. Levine in its series Levine's Working Paper Archive with number 670.
Date of creation: 01 Aug 1997
Date of revision:
Contact details of provider:
Web page: http://www.dklevine.com/
Other versions of this item:
- Andreoni, James A & Miller, John H, 1993. "Rational Cooperation in the Finitely Repeated Prisoner's Dilemma: Experimental Evidence," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 103(418), pages 570-85, May.
- Andreoni, J. & Miller, J.H., 1991. "Rational Cooperative in the Finitely Repeated Prisoner's Dilemma: Experimental Evidence," Working papers, Wisconsin Madison - Social Systems 9102, Wisconsin Madison - Social Systems.
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (David K. Levine).
If references are entirely missing, you can add them using this form.