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Binding Promises and Cooperation among Strangers

Author

Listed:
  • Gabriele Camera

    (Economic Science Institute, Chapman University and University of Basel)

  • Marco Casari

    (University of Bologna)

  • Maria Bigoni

    (University of Bologna)

Abstract

In an experiment, a group of strangers was randomly divided in pairs to play a prisoners’ dilemma; this process was indefinitely repeated. Cooperation did not increase when subjects could send public messages amounting to binding promises of future play.

Suggested Citation

  • Gabriele Camera & Marco Casari & Maria Bigoni, 2012. "Binding Promises and Cooperation among Strangers," Working Papers 12-27, Chapman University, Economic Science Institute.
    • Handle: RePEc:chu:wpaper:12-27
    as

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    References listed on IDEAS

    as
    1. Glenn Ellison, 1994. "Cooperation in the Prisoner's Dilemma with Anonymous Random Matching," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 61(3), pages 567-588.
    2. Joseph Farrell & Matthew Rabin, 1996. "Cheap Talk," Journal of Economic Perspectives, American Economic Association, vol. 10(3), pages 103-118, Summer.
    3. repec:hou:wpaper:2004-01 is not listed on IDEAS
    4. John Duffy & Nick Feltovich, 2006. "Words, Deeds, and Lies: Strategic Behaviour in Games with Multiple Signals," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 73(3), pages 669-688.
    5. Ostrom, Elinor & Walker, James & Gardner, Roy, 1992. "Covenants with and without a Sword: Self-Governance Is Possible," American Political Science Review, Cambridge University Press, vol. 86(2), pages 404-417, June.
    6. Michihiro Kandori, 1992. "Social Norms and Community Enforcement," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(1), pages 63-80.
    7. Gabriele Camera & Marco Casari, 2009. "Cooperation among Strangers under the Shadow of the Future," American Economic Review, American Economic Association, vol. 99(3), pages 979-1005, June.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Konstantinos Georgalos & Indrajit Ray & Sonali SenGupta, 2020. "Nash versus coarse correlation," Experimental Economics, Springer;Economic Science Association, vol. 23(4), pages 1178-1204, December.
    2. Georgalos, Konstantinos & Ray, Indrajit & Gupta, Sonali Sen, 2019. "Nash vs. Coarse Correlation," Cardiff Economics Working Papers E2019/3, Cardiff University, Cardiff Business School, Economics Section.
    3. Correa Romar, 2014. "Mathematical Foci," Mathematical Economics Letters, De Gruyter, vol. 2(1-2), pages 5-11, August.
    4. Raszap Skorbiansky, Sharon, 2018. "Investing in communication: An experimental study of communication in a relational contract setting," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 74(C), pages 85-96.
    5. Danae Arroyos-Calvera & Michalis Drouvelis & Johannes Lohse & Rebecca McDonald, 2020. "Improving compliance with COVID-19 guidance: a workplace field experiment," Discussion Papers 20-30, Department of Economics, University of Birmingham.

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    More about this item

    Keywords

    coordination; cheap-talk; deception; repeated game; social norms;
    All these keywords.

    JEL classification:

    • C90 - Mathematical and Quantitative Methods - - Design of Experiments - - - General
    • C70 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - General
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General

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