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Cooperative strategies in anonymous economies: An experiment

  • Camera, Gabriele
  • Casari, Marco
  • Bigoni, Maria

We study cooperation in economies of indefinite duration. Participants faced a sequence of prisonerʼs dilemmas with anonymous opponents. We identify and characterize the strategies employed at the individual level. We report that (i) grim trigger does not describe well individual play and there is wide heterogeneity in strategies; (ii) systematic defection does not crowd-out systematic cooperation; (iii) coordination on cooperative strategies does not improve with experience. We discuss alternative methodologies and implications for theory.

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Article provided by Elsevier in its journal Games and Economic Behavior.

Volume (Year): 75 (2012)
Issue (Month): 2 ()
Pages: 570-586

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Handle: RePEc:eee:gamebe:v:75:y:2012:i:2:p:570-586
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/622836

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  1. Pedro Dal B�, 2005. "Cooperation under the Shadow of the Future: Experimental Evidence from Infinitely Repeated Games," American Economic Review, American Economic Association, vol. 95(5), pages 1591-1604, December.
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