Showing 1 - 10 of 14,796
Indirect reciprocity describes a class of reputation-based mechanisms which may explain the prevalence of cooperation … implementation occur. It has thus been claimed that for indirect reciprocity to stabilize cooperation, reputation assessments must be … observed provides ample possibilities for stable cooperation to emerge even under substantial rates of implementation errors. …
Persistent link: https://www.econbiz.de/10010743047
its rival’s willingness to cooperate. We study the prospects for cooperation given the need for the firm to learn the … environment and its rival’s output. We show how profit and cooperation rates are affected by the sizes of both firms, their … willingness to cooperate, and by environmental complexity. In addition, we investigate equilibrium firm size and cooperation rates. …
Persistent link: https://www.econbiz.de/10010929050
prospects for cooperation given the need for the firm to learn the environment and its rival's output. We show how a firm …'s profit and cooperation rates are affected by its size, its rival's size and willingness to cooperate and environmental …
Persistent link: https://www.econbiz.de/10010756758
We explore the extent to which altruism, as measured by giving in a dictator game (DG), accounts for play in a noisy … version of the repeated prisoner's dilemma. We find that DG giving is correlated with cooperation in the repeated game when no … cooperative equilibria exist, but not when cooperation is an equilibrium. Furthermore, none of the commonly observed strategies …
Persistent link: https://www.econbiz.de/10010743942
playing partners but, crucially, also determines how relevant strategic information diffuses or new cooperation opportunities …
Persistent link: https://www.econbiz.de/10005423105
This study disentangles experimentally imitation, reinforcement, and reciprocity in repeated prisoners' dilemmas. We compare a simple situation in which players interact only with their neighbours (local interaction) with one where players interact with all members of the population (group...
Persistent link: https://www.econbiz.de/10005463674
We report on an experiment examining behavior and equilibrium selection in two similar, infinitely repeated games, Stag Hunt and Prisoner's Dilemma under anonymous random matching. We are interested in the role that precedents may play for equilibrium selection between these two stage game...
Persistent link: https://www.econbiz.de/10011099770
We report on an experiment examining behavior and equilibrium selection in two similar, infinitely repeated games, Stag Hunt and Prisoner's Dilemma under anonymous random matching. We are interested in the role that precedents may play for equilibrium selection between these two stage game...
Persistent link: https://www.econbiz.de/10011170354
A common feature of the literature on the evolution of preferences is that evolution favors nonmaterialistic preferences only if preference types are observable at least to some degree. We argue that this result is due to the assumption that in each state of the evolutionary dynamics some...
Persistent link: https://www.econbiz.de/10009143374
behavior. We show that altruism may be evolutionarily successful even if preferences are unobservable. …
Persistent link: https://www.econbiz.de/10010608200