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来源类型Working Paper
规范类型报告
DOI10.3386/w21934
来源IDWorking Paper 21934
Starting Small: Endogenous Stakes and Rational Cooperation
James Andreoni; Michael A. Kuhn; Larry Samuelson
发表日期2016-02-01
出版年2016
语种英语
摘要We report experimental results for a twice-played prisoners’ dilemma in which the players can choose the allocation of the stakes across the two periods. Our point of departure is the assumption that some (but not all) people are principled to “do the right thing,” or cooperate, as long as their opponent is sufficiently likely to do so. The presence of such types can be exploited to enhance cooperation by structuring the twice-played prisoners’ dilemma to “start small,” so that the second-stage stakes are larger (but not too much larger) than the first-stage stakes. We compare conditions where the allocation of stakes is chosen exogenously to conditions where it is chosen by the players themselves. We show that players are able to find and choose the payoff maximizing strategy of starting small in a twice-played prisoners’ dilemma, and that the salutary payoff effects of doing so are larger than those that arise when the same allocation is exogenously chosen.
主题Econometrics ; Experimental Design ; Microeconomics ; Welfare and Collective Choice ; Other ; Culture
URLhttps://www.nber.org/papers/w21934
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/579608
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James Andreoni,Michael A. Kuhn,Larry Samuelson. Starting Small: Endogenous Stakes and Rational Cooperation. 2016.
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